Robert Bosch, LLCbenefits

Robert Bosch, LLC's benefits plans covered 14,237 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $2,071,630. Insurance brokers and agents were paid $667,092 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 32.2% of premiums. That is $47 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 8.4% from $728,217 in 2023.