Cib Wire & Iron Works, LLCbenefits

Cib Wire & Iron Works, LLC's benefits plans covered 148 active participants in 2024, providing dental. Insurance premiums totaled $85,763. Insurance brokers and agents were paid $6,744 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.9% of premiums. That is $46 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 11% from $6,093 in 2023.