Custom Wood Products, Inc.benefits

Custom Wood Products, Inc.'s benefits plan covered 314 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $2,415,439. Insurance brokers and agents were paid $92,761 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $295 per covered person, above the median for employer plans that report broker pay.