Parkway Products, LLCbenefits

Parkway Products, LLC's benefits plans covered 580 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $224,466. Insurance brokers and agents were paid $141,025 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.8% of premiums. That is $243 per covered person, above the median for employer plans that report broker pay. Broker pay rose 66% from $84,809 in 2023.