Iowa Soybean Associationbenefits

Iowa Soybean Association's benefits plans covered 87 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,669,105. Insurance brokers and agents were paid $64,044 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $736 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 4.0% from $61,580 in 2023.