Pyramid-Bmc Holdings, LLCbenefits

Pyramid-Bmc Holdings, LLC's benefits plans covered 12,278 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,505,022. Insurance brokers and agents were paid $730,349 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 48.5% of premiums. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 22% from $936,411 in 2023.