Unity Bankbenefits

Unity Bank's benefits plans covered 223 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $183,932. Insurance brokers and agents were paid $26,164 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.2% of premiums. That is $117 per covered person, below the median for employer plans that report broker pay. Broker pay fell 14% from $30,586 in 2023.