Wafd Bankbenefits

Wafd Bank's benefits plans covered 2,042 active participants in 2024, providing health · dental. Insurance premiums totaled $2,503,186. Insurance brokers and agents were paid $186,809 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.5% of premiums. That is $91 per covered person, below the median for employer plans that report broker pay.