Axel Johnson Inc.benefits

Axel Johnson Inc.'s benefits plans covered 853 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $310,008. Insurance brokers and agents were paid $236,121 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 76.2% of premiums. That is $277 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.2% from $222,236 in 2023.