Boman & Kemp Manufacturing, Incbenefits

Boman & Kemp Manufacturing, Inc's benefits plans covered 159 active participants in 2024, providing health · life · long-term disability · death benefits · other. Insurance premiums totaled $84,927. Insurance brokers and agents were paid $55,998 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 65.9% of premiums. That is $352 per covered person, above the median for employer plans that report broker pay. Brokers were paid 8.2x the $6,827 reported for 2023.