Altek, Inc.benefits

Altek, Inc.'s benefits plans covered 149 active participants in 2024, providing dental. Insurance premiums totaled $51,091. Insurance brokers and agents were paid $110,129 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 215.6% of premiums. That is $739 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 16% from $131,440 in 2023.