Altec Industries, Inc.benefits

Altec Industries, Inc.'s benefits plans covered 10,685 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $1,192,357 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $112 per covered person, below the median for employer plans that report broker pay. Broker pay rose 101% from $592,007 in 2023.