Challenger Companies, Inc.benefits

Challenger Companies, Inc.'s benefits plans covered 571 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $1,959,309. Insurance brokers and agents were paid $50,794 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.6% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay rose 24% from $41,020 in 2023.