Lincoln Wood Products, Inc.benefits

Lincoln Wood Products, Inc.'s benefits plans covered 186 active participants in 2025, providing health · dental · vision · life · death benefits · short-term disability · other. Insurance premiums totaled $2,604,545. Insurance brokers and agents were paid $41,484 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.6% of premiums. That is $223 per covered person, above the median for employer plans that report broker pay. Broker pay fell 10% from $46,200 in 2024.