Trustees in Their Capacity As Such of South Carolina Bankers Employeebenefits

Trustees in Their Capacity As Such of South Carolina Bankers Employee's benefits plans covered 905 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $10,104,855. Insurance brokers and agents were paid $105,437 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.0% of premiums. That is $117 per covered person, below the median for employer plans that report broker pay. Broker pay rose 7.3% from $98,300 in 2023.