Bendon, Inc.benefits

Bendon, Inc.'s benefits plans covered 79 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $726,458. Insurance brokers and agents were paid $60,804 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.4% of premiums. That is $770 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 96% from $31,005 in 2023.