Grain Belt Supply Company, Inc.benefits

Grain Belt Supply Company, Inc.'s benefits plans covered 104 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $718,413. Insurance brokers and agents were paid $34,083 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $328 per covered person, above the median for employer plans that report broker pay. Broker pay fell 9.4% from $37,607 in 2023.