Advanced Laser Machining, Inc.benefits

Advanced Laser Machining, Inc.'s benefits plan covered 131 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $56,510. Insurance brokers and agents were paid $18,265 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 32.3% of premiums. That is $139 per covered person, below the median for employer plans that report broker pay.