Baker Mechanical, Inc.benefits

Baker Mechanical, Inc.'s benefits plans covered 394 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,271,115. Insurance brokers and agents were paid $156,066 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 $396 per covered person, above the median for employer plans that report broker pay. Broker pay rose 133% from $66,956 in 2023.