Applied Research Solutions, Inc.benefits

Applied Research Solutions, Inc.'s benefits plans covered 823 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $500,505. Insurance brokers and agents were paid $248,899 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 49.7% of premiums. That is $302 per covered person, above the median for employer plans that report broker pay. Broker pay rose 5.2% from $236,591 in 2023.