Barge Design Solutions, Inc.benefits

Barge Design Solutions, Inc.'s benefits plans covered 607 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,218,023. Insurance brokers and agents were paid $324,827 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.7% of premiums. That is $535 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 42% from $228,605 in 2023.