Peabody Investments Corp.benefits

Peabody Investments Corp.'s benefits plans covered 3,226 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $38,116. Insurance brokers and agents were paid $3,811 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.0% of premiums. That is $1 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 193% from $1,301 in 2023.