Cary Academybenefits

Cary Academy's benefits plans covered 163 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $128,398. Insurance brokers and agents were paid $65,499 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 51.0% of premiums. That is $402 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.8% from $65,001 in 2023.