Avo Photonics, Inc.benefits

Avo Photonics, Inc.'s benefits plans covered 277 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $1,565,464. Insurance brokers and agents were paid $115,184 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.4% of premiums. That is $416 per covered person, above the median for employer plans that report broker pay. Broker pay rose 45% from $79,306 in 2023.