The Waterworks, LLCbenefits

The Waterworks, LLC's benefits plan covered 311 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,911,016. Insurance brokers and agents were paid $126,619 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.6% of premiums. That is $407 per covered person, above the median for employer plans that report broker pay.