Davidson's, Inc.benefits

Davidson's, Inc.'s benefits plans covered 287 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,282,574. Insurance brokers and agents were paid $143,005 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $498 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 41% from $101,584 in 2023.