Bay Colony Community Association, Inc.benefits

Bay Colony Community Association, Inc.'s benefits plans covered 111 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $735,842. Insurance brokers and agents were paid $36,689 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $331 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.3x the $11,280 reported for 2024.