Lee-Smith, Inc.benefits

Lee-Smith, Inc.'s benefits plans covered 130 active participants in 2025, providing health · life · dental · short-term disability · long-term disability · vision · death benefits. Insurance premiums totaled $43,387. Insurance brokers and agents were paid $62,325 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 143.6% of premiums. That is $479 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 37% from $98,443 in 2024.