Harbor Group Incorporated Employee Benefit Planbenefits

Harbor Group Incorporated Employee Benefit Plan's benefits plans covered 219 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $94,323. Insurance brokers and agents were paid $158,987 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 168.6% of premiums. That is $726 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 16% from $136,681 in 2023.