Waukesha State Bankbenefits

Waukesha State Bank's benefits plans covered 281 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $115,671. Insurance brokers and agents were paid $42,267 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 36.5% of premiums. That is $150 per covered person, below the median for employer plans that report broker pay. Broker pay fell 51% from $86,791 in 2023.