Best Brands, Inc.benefits

Best Brands, Inc.'s benefits plans covered 203 active participants in 2024, providing health · dental · vision · long-term disability. Insurance premiums totaled $1,767,596. Insurance brokers and agents were paid $78,221 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $385 per covered person, above the median for employer plans that report broker pay. Broker pay fell 0.5% from $78,628 in 2023.