Springfield Grocer Cobenefits

Springfield Grocer Co's benefits plans covered 624 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,786,057. Insurance brokers and agents were paid $229,039 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.2% of premiums. That is $367 per covered person, above the median for employer plans that report broker pay. Broker pay fell 8.9% from $251,307 in 2023.