Payette Associates, Inc.benefits

Payette Associates, Inc.'s benefits plans covered 187 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other · vision. Insurance premiums totaled $2,111,748. Insurance brokers and agents were paid $72,615 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.4% of premiums. That is $388 per covered person, above the median for employer plans that report broker pay. Broker pay rose 11% from $65,188 in 2023.