Baker Sterchi Cowden & Rice LLCbenefits

Baker Sterchi Cowden & Rice LLC's benefits plans covered 183 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $2,118,305. Insurance brokers and agents were paid $125,660 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $687 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 14% from $110,104 in 2023.