Burroughs, Inc.benefits

Burroughs, Inc.'s benefits plans covered 663 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $7,835,818. Insurance brokers and agents were paid $250,330 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $378 per covered person, above the median for employer plans that report broker pay. Broker pay rose 18% from $212,023 in 2023.