Bouma Group, Inc.benefits

Bouma Group, Inc.'s benefits plans covered 178 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $103,450. Insurance brokers and agents were paid $31,320 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.3% of premiums. That is $176 per covered person, below the median for employer plans that report broker pay. Broker pay rose 0.9% from $31,031 in 2023.