Greenwood Associates Inc.benefits

Greenwood Associates Inc.'s benefits plans covered 125 active participants in 2025, providing life · death benefits · short-term disability · long-term disability · other. Insurance premiums totaled $102,722. Insurance brokers and agents were paid $17,148 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.7% of premiums. That is $137 per covered person, below the median for employer plans that report broker pay. Brokers were paid 13.0x the $1,317 reported for 2024.