Bcn Holdings, Incbenefits

Bcn Holdings, Inc's benefits plans covered 408 active participants in 2024, providing life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $4,883,755. Insurance brokers and agents were paid $455,029 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.3% of premiums. That is $1,115 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 6.6% from $426,681 in 2023.