Lawson Products, Incbenefits

Lawson Products, Inc's benefits plans covered 1,090 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,132,450. Insurance brokers and agents were paid $165,930 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.7% of premiums. That is $152 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $146,564 in 2023.