Stanford Brothers, Inc.benefits

Stanford Brothers, Inc.'s benefits plans covered 160 active participants in 2024, providing health · life · dental · long-term disability · death benefits · other. Insurance premiums totaled $1,216,867. Insurance brokers and agents were paid $61,415 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $384 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.3% from $62,829 in 2023.