Borton & Sons, Inc.benefits

Borton & Sons, Inc.'s benefits plans covered 172 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $55,713. Insurance brokers and agents were paid $101,114 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 181.5% of premiums. That is $588 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 4.7x the $21,532 reported for 2023.