American Industrial Transport, Incbenefits

American Industrial Transport, Inc's benefits plans covered 877 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $912,480. Insurance brokers and agents were paid $60,855 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $69 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 5.1x the $12,022 reported for 2023.