The Hamstra Group Inc.benefits

The Hamstra Group Inc.'s benefits plans covered 107 active participants in 2024, providing health · life · dental · short-term disability. Insurance premiums totaled $50,534. Insurance brokers and agents were paid $9,117 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.0% of premiums. That is $85 per covered person, below the median for employer plans that report broker pay. Brokers were paid 6.8x the $1,345 reported for 2023.