Coin Wrap, Inc.benefits

Coin Wrap, Inc.'s benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $7,018. Insurance brokers and agents were paid $7,515 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 107.1% of premiums. That is $44 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 17% from $6,417 in 2023.