Bates Security, LLCbenefits

Bates Security, LLC's benefits plan covered 124 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $114,750. Insurance brokers and agents were paid $49,918 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 43.5% of premiums. That is $403 per covered person, above the median for employer plans that report broker pay.