Chemonics International, Inc.benefits

Chemonics International, Inc.'s benefits plans covered 1,290 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $11,333,761. Insurance brokers and agents were paid $728,392 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $565 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 56% from $466,763 in 2023.