Advanced Technology Services, Inc.benefits

Advanced Technology Services, Inc.'s benefits plans covered 2,752 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,234,672. Insurance brokers and agents were paid $1,218,073 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 98.7% of premiums. That is $443 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 6.8x the $179,457 reported for 2023.