The Haverford Trust Companybenefits

The Haverford Trust Company's benefits plans covered 143 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,051,054. Insurance brokers and agents were paid $150,623 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.3% of premiums. That is $1,053 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 12% from $170,347 in 2023.