Hardwood Products Company LLCbenefits

Hardwood Products Company LLC's benefits plans covered 125 active participants in 2024, providing dental. Insurance premiums totaled $94,044. Insurance brokers and agents were paid $26,167 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.8% of premiums. That is $209 per covered person, above the median for employer plans that report broker pay. Broker pay rose 117% from $12,059 in 2023.