Warren Equipment Companybenefits

Warren Equipment Company's benefits plans covered 2,425 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $284,042. Insurance brokers and agents were paid $456,548 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 160.7% of premiums. That is $188 per covered person, below the median for employer plans that report broker pay. Broker pay rose 48% from $307,663 in 2023.