Premployer, Inc. Welfare Benefit Planbenefits

Premployer, Inc. Welfare Benefit Plan's benefits plans covered 906 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $408,027. Insurance brokers and agents were paid $154,741 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.9% of premiums. That is $171 per covered person, below the median for employer plans that report broker pay. Broker pay rose 15% from $134,696 in 2023.