Alro Steel Corporationbenefits

Alro Steel Corporation's benefits plans covered 3,238 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $1,804,254. Insurance brokers and agents were paid $366,208 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.3% of premiums. That is $113 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $422,382 in 2023.