Herzog Contracting Corporationbenefits

Herzog Contracting Corporation's benefits plans covered 2,669 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $239,368. Insurance brokers and agents were paid $423,997 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 177.1% of premiums. That is $159 per covered person, below the median for employer plans that report broker pay. Broker pay rose 18% from $358,467 in 2023.