Central Distributors, Inc.benefits

Central Distributors, Inc.'s benefits plans covered 168 active participants in 2024, providing life · short-term disability · long-term disability. Insurance premiums totaled $433,980. Insurance brokers and agents were paid $92,475 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.3% of premiums. That is $550 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 7.1% from $99,554 in 2023.