Bond Bros., Inc.benefits

Bond Bros., Inc.'s benefits plans covered 422 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $7,453,840. Insurance brokers and agents were paid $162,180 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.2% of premiums. That is $384 per covered person, above the median for employer plans that report broker pay. Broker pay rose 21% from $133,900 in 2023.