Biontech US Inc.benefits

Biontech US Inc.'s benefits plans covered 677 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $11,458,298. Insurance brokers and agents were paid $272,362 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $402 per covered person, above the median for employer plans that report broker pay. Broker pay rose 28% from $212,693 in 2023.