Knight Federal Solutions, Inc.benefits

Knight Federal Solutions, Inc.'s benefits plans covered 210 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $811,951. Insurance brokers and agents were paid $70,797 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.7% of premiums. That is $337 per covered person, above the median for employer plans that report broker pay. Broker pay rose 187% from $24,691 in 2023.