Plumb House Inc.benefits

Plumb House Inc.'s benefits plans covered 130 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $51,760. Insurance brokers and agents were paid $49,818 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 96.2% of premiums. That is $383 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.3x the $9,358 reported for 2023.