Ward and Smith, PAbenefits

Ward and Smith, PA's benefits plans covered 252 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $134,549. Insurance brokers and agents were paid $61,295 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 45.6% of premiums. That is $243 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.0% from $58,934 in 2023.