Ace Industries, Inc.benefits

Ace Industries, Inc.'s benefits plans covered 340 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $601,701. Insurance brokers and agents were paid $162,926 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.1% of premiums. That is $479 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 112% from $77,023 in 2023.