Associated Supply Co., Inc.benefits

Associated Supply Co., Inc.'s benefits plans covered 1,187 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $8,265,126. Insurance brokers and agents were paid $531,360 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $448 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 6.5% from $498,701 in 2023.