Barrday Corp.benefits

Barrday Corp.'s benefits plans covered 165 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,029,251. Insurance brokers and agents were paid $95,084 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $576 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 18% from $80,443 in 2023.