Bill Penney Motor Company Inc.benefits

Bill Penney Motor Company Inc.'s benefits plans covered 265 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,820,278. Insurance brokers and agents were paid $56,585 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $214 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.1% from $55,420 in 2023.