West Herr Ford, Inc.benefits

West Herr Ford, Inc.'s benefits plans covered 3,152 active participants in 2024, providing life. Insurance premiums totaled $813,055. Insurance brokers and agents were paid $24,967 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $8 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 24% from $32,735 in 2023.