Wood Residential, LLCbenefits

Wood Residential, LLC's benefits plan covered 514 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,970,226. Insurance brokers and agents were paid $260,070 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.8% of premiums. That is $506 per covered person, in the top quarter of employer plans that report broker pay.