Towne Mortgage Companybenefits

Towne Mortgage Company's benefits plans covered 254 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $167,395. Insurance brokers and agents were paid $51,172 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.6% of premiums. That is $201 per covered person, above the median for employer plans that report broker pay. Broker pay rose 23% from $41,641 in 2023.