Thorson Baker & Associates, Inc.benefits

Thorson Baker & Associates, Inc.'s benefits plans covered 101 active participants in 2024, providing health · life · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $896,595. Insurance brokers and agents were paid $59,212 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 $586 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 5.5% from $62,648 in 2023.