Spindrift Beverage Co.benefits

Spindrift Beverage Co.'s benefits plans covered 200 active participants in 2024, providing life · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $35,112. Insurance brokers and agents were paid $4,857 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.8% of premiums. That is $24 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 64% from $2,960 in 2023.