Harold Brothers Mechanical Contractors Inc.benefits

Harold Brothers Mechanical Contractors Inc.'s benefits plans covered 249 active participants in 2024, providing life · short-term disability · death benefits. Insurance premiums totaled $168,806. Insurance brokers and agents were paid $74,157 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 43.9% of premiums. That is $298 per covered person, above the median for employer plans that report broker pay. Broker pay fell 28% from $103,089 in 2023.