Becht Engineering Co., Inc.benefits

Becht Engineering Co., Inc.'s benefits plans covered 229 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,376,265. Insurance brokers and agents were paid $133,997 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.7% of premiums. That is $585 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 63% from $363,870 in 2023.