Synovus Financial Corp.benefits

Synovus Financial Corp.'s benefits plans covered 4,665 active participants in 2024, providing life · death benefits. Insurance brokers and agents were paid $410,542 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $88 per covered person, below the median for employer plans that report broker pay. Broker pay fell 21% from $519,436 in 2023.