Alt & Witzig Engineering Inc.benefits

Alt & Witzig Engineering Inc.'s benefits plans covered 139 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $58,323. Insurance brokers and agents were paid $8,949 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.3% of premiums. That is $64 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 3.0x the $2,935 reported for 2023.