Barracuda Networks, Inc.benefits

Barracuda Networks, Inc.'s benefits plans covered 900 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $674,964. Insurance brokers and agents were paid $190,034 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 28.2% of premiums. That is $211 per covered person, above the median for employer plans that report broker pay. Broker pay fell 48% from $363,736 in 2023.