Knapheide Manufacturing Cobenefits

Knapheide Manufacturing Co's benefits plans covered 2,533 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $25,638,223. Insurance brokers and agents were paid $494,984 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.9% of premiums. That is $195 per covered person, above the median for employer plans that report broker pay. Broker pay rose 15% from $430,520 in 2023.