Washington Federal Bankbenefits

Washington Federal Bank's benefits plans covered 2,042 active participants in 2023, providing life · long-term disability. Insurance premiums totaled $2,236,797. Insurance brokers and agents were paid $142,175 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $70 per covered person, in the bottom quarter of employer plans that report broker pay.