Great Lakes Cheese Co., Incbenefits

Great Lakes Cheese Co., Inc's benefits plans covered 6,300 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $8,452,714. Insurance brokers and agents were paid $2,814,695 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.3% of premiums. That is $447 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 5.0x the $567,697 reported for 2023.