Jones Contractors Inc.benefits

Jones Contractors Inc.'s benefits plans covered 343 active participants in 2024, providing long-term disability. Insurance premiums totaled $1,731,879. Insurance brokers and agents were paid $123,668 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $361 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.8% from $113,628 in 2023.