Auto Central Services Welfare Benefit Planbenefits

Auto Central Services Welfare Benefit Plan's benefits plans covered 342 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,493,161. Insurance brokers and agents were paid $96,799 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.5% of premiums. That is $283 per covered person, above the median for employer plans that report broker pay. Broker pay rose 11% from $87,317 in 2023.