Agup Equipment Companybenefits

Agup Equipment Company's benefits plans covered 278 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,397,936. Insurance brokers and agents were paid $134,575 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.6% of premiums. That is $484 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $117,830 in 2023.