Bbmk Contracting, LLCbenefits

Bbmk Contracting, LLC's benefits plans covered 138 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,261,988. Insurance brokers and agents were paid $114,676 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.1% of premiums. That is $831 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 4.1x the $28,236 reported for 2023.