Capps, Inc.benefits

Capps, Inc.'s benefits plans covered 239 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $411,305. Insurance brokers and agents were paid $209,775 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 51.0% of premiums. That is $878 per covered person, in the top 10% of employer plans that report broker pay.