Authority Brands, Inc.benefits

Authority Brands, Inc.'s benefits plans covered 1,174 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $808,396. Insurance brokers and agents were paid $295,885 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 36.6% of premiums. That is $252 per covered person, above the median for employer plans that report broker pay. Broker pay rose 169% from $109,839 in 2023.