Gotwals, Inc.benefits

Gotwals, Inc.'s benefits plans covered 184 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance premiums totaled $60,512. Insurance brokers and agents were paid $24,756 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.9% of premiums. That is $135 per covered person, below the median for employer plans that report broker pay. Broker pay rose 60% from $15,439 in 2023.