Bramco, Inc.benefits

Bramco, Inc.'s benefits plans covered 567 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $441,814. Insurance brokers and agents were paid $104,875 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.7% of premiums. That is $185 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $92,610 in 2023.