Airtex Manufacturing Inc.benefits

Airtex Manufacturing Inc.'s benefits plans covered 303 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,349,050. Insurance brokers and agents were paid $142,482 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $470 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 28% from $111,292 in 2023.