Holland Pump Companybenefits

Holland Pump Company's benefits plans covered 114 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $743,009. Insurance brokers and agents were paid $47,332 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $415 per covered person, above the median for employer plans that report broker pay. Broker pay rose 163% from $17,974 in 2023.