Amada North America, Inc.benefits

Amada North America, Inc.'s benefits plans covered 957 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $18,484,786. Insurance brokers and agents were paid $504,191 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.7% of premiums. That is $527 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $441,367 in 2023.