Berkel & Company Contractors, Inc.benefits

Berkel & Company Contractors, Inc.'s benefits plans covered 851 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $437,566. Insurance brokers and agents were paid $274,360 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.7% of premiums. That is $322 per covered person, above the median for employer plans that report broker pay. Broker pay rose 73% from $159,022 in 2023.