Whatnotbenefits

Whatnot's benefits plans covered 573 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $29,259. Insurance brokers and agents were paid $369,151 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1261.7% of premiums. That is $644 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 43% from $257,787 in 2023.