Baffetto Holding Companybenefits

Baffetto Holding Company's benefits plans covered 463 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $268,974. Insurance brokers and agents were paid $110,449 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.1% of premiums. That is $239 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.2% from $102,102 in 2023.