Web Industries, Inc.benefits

Web Industries, Inc.'s benefits plans covered 464 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $155,677. Insurance brokers and agents were paid $46,297 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 29.7% of premiums. That is $100 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.4% from $42,337 in 2023.