Progressive Tractor & Implement Co. LLCbenefits

Progressive Tractor & Implement Co. LLC's benefits plans covered 238 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,158,122. Insurance brokers and agents were paid $142,847 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $600 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 5.5% from $151,092 in 2023.