Industry Benefits Summary

Building Material, Garden Equipment, and Supplies Dealers Industry- Employee Benefits Summary

The building material, garden equipment, and supplies dealers industry focuses on the sale of new building material, garden equipment, and supplies from fixed physical locations. As a result of the display equipment required to handle these supplies (such as lumber), an expansive area -- either indoors or covered outdoors -- is required for accurate presentation.

Staff working in this industry are expected to have a complete understanding of the specific products being sold for the construction, repair, and maintenance of the home as well as its associated grounds. Businesses looking to onboard these experienced and knowledgeable employees will have to offer a comprehensive benefits package if they want to stand out as a differentiator from their competition. Generally speaking, this includes access to health, vision, and dental insurance, paid time off, retirement savings, and disability coverage.

How do your benefits compare to other building material, garden equipment, and supplies dealer companies?
How do your benefits compare to other building material, garden equipment, and supplies dealer companies?
Download Your Custom Benefits Report Now

The Building Material, Garden Equipment, and Supplies Dealers Industry Employment Summary

There are about 75,000 building material and garden equipment facilities nationwide, employing over 1.3 million professionals. On average, each business is small, with 17 staff members each. This industry is almost evenly split between male and female employees, and the average employee age is 38 years old.

The Building Material, Garden Equipment, and Supplies Dealers Industry Insurance Benefits Comparison

53%

What percentage of these employers offer medical insurance?

  • 53% offer access to medical insurance. This is well under the national average of 69%.
  • These businesses provide an average monthly employer premium of $948 for family coverage. This is below the national average of $1,121.
  • Additionally, they provide an average monthly employer premium of $424 for individual coverage. This is below the national average of $458.

35%

What percentage of these employers offer short and/or long-term disability insurance?

35% of these employers offer short-term disability coverage, and 12% offer long-term disability insurance. The national average is 42% and 34%, respectively.

42%

What percentage of these employers offer life insurance?

42% offer access to a life insurance plan. Comparatively, the national average is 56%.

17%

Do these employers provide access to paid family leave?

  • 17% provide access to paid family leave. The national average is 20%.
  • 90% provide access to unpaid family leave. The national average is 88%.
  • 39% offer consolidated leave plans. The national average is 44%.

Summary

The building material, garden equipment, and supplies dealers industry stands well-below the national industry standard when providing comprehensive benefits packages to their employees. There are many opportunities for employers to increase their benefits offerings, including providing more retirement savings options, improving disability coverage, adding in more paid vacation days, and offering more inclusive access to paid family leave.

Next Up

Federal Court Ruling May Put Millions of US Companies In Breach of ERISA Fiduciary Duty
A Texas court ruled that American Airlines breached its ERISA duty of loyalty by failing to properly oversee BlackRock’s ESG-driven investment decisions. The decision could put millions of employers at legal risk if upheld. Are ESG investments in retirement plans now a liability?
The Employment Situation for February 2025
The latest economic release from the Bureau of Labor Statistics reports that the U.S. job market added just under 150 thousand jobs last month while unemployment ticked down one-tenth of a point to 4% to close out the last such economic report with data collected under the Biden administration.
Are Centers of Excellence On the Decline?
Centers of Excellence (COEs) may have peaked. While mid-sized employers increased adoption, the largest companies are scaling back. Is this a temporary dip or a shift in employer healthcare strategy?