Src of Lexington Inc Health and Welfare Trustbenefits

Src of Lexington Inc Health and Welfare Trust's benefits plans covered 177 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · health. Insurance premiums totaled $252,220. Insurance brokers and agents were paid $64,062 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.4% of premiums. That is $362 per covered person, above the median for employer plans that report broker pay. Broker pay rose 17% from $54,726 in 2023.