Chestnut Land Companybenefits

Chestnut Land Company's benefits plans covered 890 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,368,383. Insurance brokers and agents were paid $445,097 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 32.5% of premiums. That is $500 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 18% from $377,629 in 2023.