Gearheart Communications, Inc.benefits

Gearheart Communications, Inc.'s benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $69,772. Insurance brokers and agents were paid $81,620 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 117.0% of premiums. That is $583 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 11% from $73,464 in 2023.