The Dime Bankbenefits

The Dime Bank's benefits plans covered 149 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $20,279. Insurance brokers and agents were paid $17,915 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 88.3% of premiums. That is $120 per covered person, below the median for employer plans that report broker pay. Broker pay rose 14% from $15,742 in 2023.