Amalgamated Sugar Companybenefits

Amalgamated Sugar Company's benefits plans covered 1,656 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $919,768. Insurance brokers and agents were paid $206,394 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.4% of premiums. That is $125 per covered person, below the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.