Cottonwood, Inc.benefits

Cottonwood, Inc.'s benefits plans covered 130 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $906,851. Insurance brokers and agents were paid $54,335 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.0% of premiums. That is $418 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.0x the $10,915 reported for 2023.