B-K Tool & Design Inc.benefits

B-K Tool & Design Inc.'s benefits plans covered 114 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,059,244. Insurance brokers and agents were paid $72,847 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.9% of premiums. That is $639 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 0.9% from $72,210 in 2024.