Broder Bros., Co.benefits

Broder Bros., Co.'s benefits plans covered 1,503 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,020,382. Insurance brokers and agents were paid $207,022 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.3% of premiums. That is $138 per covered person, below the median for employer plans that report broker pay. Broker pay rose 0.6% from $205,785 in 2023.