Con-Tech Manufacturing, Inc.benefits

Con-Tech Manufacturing, Inc.'s benefits plans covered 311 active participants in 2024, providing life · long-term disability. Insurance premiums totaled $62,913. Insurance brokers and agents were paid $6,627 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.5% of premiums. That is $21 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 25% from $5,317 in 2023.