Bennett Lumber Products, Inc.benefits

Bennett Lumber Products, Inc.'s benefits plans covered 257 active participants in 2024, providing life · short-term disability · long-term disability · death benefits. Insurance premiums totaled $42,148. Insurance brokers and agents were paid $2,107 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $8 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 34% from $3,199 in 2023.