Champion Brands, Inc.benefits

Champion Brands, Inc.'s benefits plans covered 279 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $2,558,616. Insurance brokers and agents were paid $108,146 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $388 per covered person, above the median for employer plans that report broker pay. Broker pay fell 0.8% from $108,992 in 2023.