Boyd Metals of Fort Smith, Inc.benefits

Boyd Metals of Fort Smith, Inc.'s benefits plan covered 275 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,118,217. Insurance brokers and agents were paid $77,659 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.7% of premiums. That is $282 per covered person, above the median for employer plans that report broker pay.