Colony Tire Corporationbenefits

Colony Tire Corporation's benefits plans covered 1,829 active participants in 2024, providing life · dental · vision. Insurance premiums totaled $1,121,326. Insurance brokers and agents were paid $16,968 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.5% of premiums. That is $9 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 5.7% from $16,048 in 2023.