Kelley Manufacturing Co.benefits

Kelley Manufacturing Co.'s benefits plans covered 142 active participants in 2024, providing health · life · dental · long-term disability. Insurance premiums totaled $527,063. Insurance brokers and agents were paid $123,624 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.5% of premiums. That is $871 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 9.8% from $137,032 in 2023.