Charlotte Pipe and Foundry Companybenefits

Charlotte Pipe and Foundry Company's benefits plans covered 1,778 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $649,438. Insurance brokers and agents were paid $176,024 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.1% of premiums. That is $99 per covered person, below the median for employer plans that report broker pay. Broker pay rose 19% from $148,441 in 2023.