West Music Co., Inc.benefits

West Music Co., Inc.'s benefits plans covered 123 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $55,532. Insurance brokers and agents were paid $8,202 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.8% of premiums. That is $67 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 10% from $9,162 in 2023.