Energy Developments, Inc.benefits

Energy Developments, Inc.'s benefits plans covered 152 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,956,883. Insurance brokers and agents were paid $37,540 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.3% of premiums. That is $247 per covered person, above the median for employer plans that report broker pay. Broker pay fell 69% from $120,644 in 2024.