Boom, Inc.benefits

Boom, Inc.'s benefits plan covered 239 active participants in 2023, providing health · life. Insurance premiums totaled $2,436,872. Insurance brokers and agents were paid $68,956 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.8% of premiums. That is $289 per covered person, above the median for employer plans that report broker pay.