Cemen Tech Inc.benefits

Cemen Tech Inc.'s benefits plans covered 130 active participants in 2024, providing life · short-term disability · death benefits · long-term disability · other. Insurance premiums totaled $1,786,737. Insurance brokers and agents were paid $27,280 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.5% of premiums. That is $210 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.2% from $28,465 in 2023.