Well-Spring Services, Inc.benefits

Well-Spring Services, Inc.'s benefits plans covered 450 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $206,294. Insurance brokers and agents were paid $57,534 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.9% of premiums. That is $128 per covered person, below the median for employer plans that report broker pay. Broker pay fell 11% from $64,625 in 2023.