Bane-Welker Equipment LLCbenefits

Bane-Welker Equipment LLC's benefits plans covered 410 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $136,587. Insurance brokers and agents were paid $85,857 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.9% of premiums. That is $209 per covered person, above the median for employer plans that report broker pay. Broker pay fell 25% from $115,151 in 2023.