W. Atlee Burpee & Co.benefits

W. Atlee Burpee & Co.'s benefits plans covered 155 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $2,214,656. Insurance brokers and agents were paid $84,510 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $545 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 20% from $105,421 in 2023.