Belleville Shoe Manufacturing Co.benefits

Belleville Shoe Manufacturing Co.'s benefits plans covered 409 active participants in 2024, providing health · life · dental · other · vision. Insurance premiums totaled $114,661. Insurance brokers and agents were paid $40,855 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.6% of premiums. That is $100 per covered person, below the median for employer plans that report broker pay. Broker pay rose 27% from $32,085 in 2023.