Powell & Powell Milling, Inc.benefits

Powell & Powell Milling, Inc.'s benefits plan covered 97 active participants in 2023, providing life · death benefits · health. Insurance premiums totaled $823,767. Insurance brokers and agents were paid $8,989 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.1% of premiums. That is $93 per covered person, below the median for employer plans that report broker pay.