Adco Circuits, Inc.benefits

Adco Circuits, Inc.'s benefits plans covered 80 active participants in 2024, providing health · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $627,510. Insurance brokers and agents were paid $42,635 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $533 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 1.5% from $43,299 in 2023.