Barnhart Crane and Rigging Co.benefits

Barnhart Crane and Rigging Co.'s benefits plans covered 1,209 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $178,311. Insurance brokers and agents were paid $510,318 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 286.2% of premiums. That is $422 per covered person, above the median for employer plans that report broker pay. Broker pay rose 43% from $356,120 in 2023.