Archem America, Inc.Health and Welfare Planbenefits

Archem America, Inc.Health and Welfare Plan's benefits plans covered 511 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $323,315. Insurance brokers and agents were paid $92,209 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 28.5% of premiums. That is $180 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.0% from $90,383 in 2023.