The Richwood Banking Companybenefits

The Richwood Banking Company's benefits plans covered 187 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $87,748 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $469 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 199% from $29,360 in 2023.