National Wood Products, Inc.benefits

National Wood Products, Inc.'s benefits plans covered 190 active participants in 2024, providing health · life. Insurance premiums totaled $447,991. Insurance brokers and agents were paid $72,866 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.3% of premiums. That is $384 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.0% from $74,376 in 2023.