Bandit Industries, Inc.benefits

Bandit Industries, Inc.'s benefits plans covered 998 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $237,539. Insurance brokers and agents were paid $87,954 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.0% of premiums. That is $88 per covered person, below the median for employer plans that report broker pay. Broker pay fell 6.9% from $94,510 in 2023.