Watson Furniture Group, Inc.benefits

Watson Furniture Group, Inc.'s benefits plans covered 117 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $9,429. Insurance brokers and agents were paid $3,819 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.5% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 30% from $2,943 in 2023.