Albar Industriesbenefits

Albar Industries's benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $1,298,028. Insurance brokers and agents were paid $52,760 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $377 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.3% from $50,564 in 2023.