Bynum Transport Incbenefits

Bynum Transport Inc's benefits plans covered 167 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,459,937. Insurance brokers and agents were paid $97,902 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $586 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 12% from $111,259 in 2023.