Wayne Transports, Inc.benefits

Wayne Transports, Inc.'s benefits plans covered 543 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $799,211. Insurance brokers and agents were paid $150,857 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.9% of premiums. That is $278 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.2% from $147,548 in 2023.