Deep South Equipment Company -Ebt Employee Benefit Planbenefits

Deep South Equipment Company -Ebt Employee Benefit Plan's benefits plans covered 206 active participants in 2024, providing health · vision. Insurance premiums totaled $2,236,515. Insurance brokers and agents were paid $128,106 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.7% of premiums. That is $622 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 50% from $85,512 in 2023.