Wenthe-Davidson Engineering Co.benefits

Wenthe-Davidson Engineering Co.'s benefits plans covered 171 active participants in 2024, providing life · short-term disability · long-term disability. Insurance premiums totaled $94,140. Insurance brokers and agents were paid $61,959 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 65.8% of premiums. That is $362 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.0% from $59,584 in 2023.