American Piledriving Equipmentbenefits

American Piledriving Equipment's benefits plans covered 167 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $130,040. Insurance brokers and agents were paid $115,565 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 88.9% of premiums. That is $692 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 11% from $129,875 in 2023.