Palmetto Corp. of Conway, Inc.benefits

Palmetto Corp. of Conway, Inc.'s benefits plans covered 398 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,256,181. Insurance brokers and agents were paid $286,464 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $720 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 56% from $183,141 in 2023.