Blue Water Shipping US, Inc.benefits

Blue Water Shipping US, Inc.'s benefits plans covered 255 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,742,603. Insurance brokers and agents were paid $187,005 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.7% of premiums. That is $733 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 6.1x the $30,841 reported for 2023.