Banks Hardwoods, Inc.benefits

Banks Hardwoods, Inc.'s benefits plans covered 107 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $74,681 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $698 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 2.8% from $72,674 in 2024.