Cerium Networks, Inc.benefits

Cerium Networks, Inc.'s benefits plans covered 131 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $110,791. Insurance brokers and agents were paid $25,959 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.4% of premiums. That is $198 per covered person, above the median for employer plans that report broker pay. Broker pay fell 69% from $82,574 in 2023.