Burnips Equipment Companybenefits

Burnips Equipment Company's benefits plans covered 143 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $1,049,978. Insurance brokers and agents were paid $52,105 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $364 per covered person, above the median for employer plans that report broker pay. Broker pay fell 9.4% from $57,498 in 2023.