Burroughs and Chapin Company, Inc.benefits

Burroughs and Chapin Company, Inc.'s benefits plans covered 120 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,476,298. Insurance brokers and agents were paid $4,291 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.2% of premiums. That is $36 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 34% from $6,468 in 2024.