University Bankbenefits

University Bank's benefits plans covered 533 active participants in 2025, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $6,631,050. Insurance brokers and agents were paid $301,654 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $566 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 10% from $273,105 in 2024.