Tennessee State Bankbenefits

Tennessee State Bank's benefits plans covered 213 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,557,828. Insurance brokers and agents were paid $78,710 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.1% of premiums. That is $370 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.8% from $78,051 in 2024.