Gowan Company, LLCbenefits

Gowan Company, LLC's benefits plans covered 937 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $291,673. Insurance brokers and agents were paid $108,880 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.3% of premiums. That is $116 per covered person, below the median for employer plans that report broker pay. Brokers were paid 9.7x the $11,256 reported for 2024.