Tampa Bay Banking Companybenefits

Tampa Bay Banking Company's benefits plans covered 289 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $4,488,826. Insurance brokers and agents were paid $199,442 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $690 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 3.0% from $193,551 in 2023.