W.E.L.D. Incbenefits

W.E.L.D. Inc's benefits plan covered 302 active participants in 2023, providing health · other · dental · life · vision · short-term disability. Insurance premiums totaled $1,198,969. Insurance brokers and agents were paid $75,568 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $250 per covered person, above the median for employer plans that report broker pay.