Caleres, Inc.benefits

Caleres, Inc.'s benefits plans covered 4,088 active participants in 2024, providing death benefits. Insurance premiums totaled $605,742. Insurance brokers and agents were paid $112,213 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.5% of premiums. That is $27 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 1.8% from $114,297 in 2023.