Devco Holdings, Inc.benefits

Devco Holdings, Inc.'s benefits plans covered 1,627 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $114,559. Insurance brokers and agents were paid $73,412 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 64.1% of premiums. That is $45 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 12.9x the $5,687 reported for 2024.