Washers, Inc.benefits

Washers, Inc.'s benefits plans covered 173 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,987,819. Insurance brokers and agents were paid $155,090 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.8% of premiums. That is $896 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 52% from $102,075 in 2023.