Advanced Industrial Devicesbenefits

Advanced Industrial Devices's benefits plans covered 117 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $85,240. Insurance brokers and agents were paid $68,117 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 79.9% of premiums. That is $582 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 13% from $78,224 in 2023.