Anchor Paper Co.benefits

Anchor Paper Co.'s benefits plan covered 100 active participants in 2023, providing life · short-term disability · long-term disability · death benefits. Insurance premiums totaled $62,359. Insurance brokers and agents were paid $8,620 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.8% of premiums. That is $86 per covered person, below the median for employer plans that report broker pay.