The Ephrata National Bankbenefits

The Ephrata National Bank's benefits plans covered 301 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $445,191. Insurance brokers and agents were paid $20,323 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $68 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 10% from $22,662 in 2023.