Bartow Ford Companybenefits

Bartow Ford Company's benefits plans covered 333 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $2,050,109. Insurance brokers and agents were paid $429,304 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.9% of premiums. That is $1,289 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.5x the $123,800 reported for 2023.