Novo Building Products, LLCbenefits

Novo Building Products, LLC's benefits plans covered 1,401 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $10,976,787. Insurance brokers and agents were paid $617,419 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.6% of premiums. That is $441 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 25% from $494,959 in 2024.