Adma, Biologics Inc.benefits

Adma, Biologics Inc.'s benefits plans covered 911 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $539,130. Insurance brokers and agents were paid $716,155 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 132.8% of premiums. That is $786 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 74% from $412,659 in 2023.