Verplank Family Holding Co.benefits

Verplank Family Holding Co.'s benefits plans covered 108 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $98,477. Insurance brokers and agents were paid $87,308 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 88.7% of premiums. That is $808 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 18% from $106,822 in 2024.