R.K. Stratman, Inc.benefits

R.K. Stratman, Inc.'s benefits plan covered 50 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $11,056. Insurance brokers and agents were paid $40,130 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 363.0% of premiums. That is $803 per covered person, in the top 10% of employer plans that report broker pay.