Akron Polymer Products, Inc.benefits

Akron Polymer Products, Inc.'s benefits plans covered 341 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $148,918. Insurance brokers and agents were paid $175,456 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 117.8% of premiums. That is $515 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 50% from $352,719 in 2023.