Peerless Products, Inc.benefits

Peerless Products, Inc.'s benefits plan covered 683 active participants in 2023, providing health. Insurance premiums totaled $725,481. Insurance brokers and agents were paid $24,322 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 $36 per covered person, in the bottom quarter of employer plans that report broker pay.