Advanced Drainage Systems, Inc.benefits

Advanced Drainage Systems, Inc.'s benefits plans covered 4,862 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,373,560. Insurance brokers and agents were paid $751,442 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 31.7% of premiums. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay rose 33% from $564,947 in 2023.