J.B. Poindexter and Co., Inc.benefits

J.B. Poindexter and Co., Inc.'s benefits plans covered 6,882 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,562,209. Insurance brokers and agents were paid $842,235 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 32.9% of premiums. That is $122 per covered person, below the median for employer plans that report broker pay. Broker pay rose 109% from $403,468 in 2023.