Bowers Automotive Group, LLCbenefits

Bowers Automotive Group, LLC's benefits plans covered 623 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $244,262. Insurance brokers and agents were paid $360,689 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 147.7% of premiums. That is $579 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 96% from $183,881 in 2023.