Austin Industries, Inc.benefits

Austin Industries, Inc.'s benefits plans covered 7,627 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $6,351,667. Insurance brokers and agents were paid $623,338 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.8% of premiums. That is $82 per covered person, below the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.