Consolidated Precision Products Corp.benefits

Consolidated Precision Products Corp.'s benefits plans covered 2,351 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,615,973. Insurance brokers and agents were paid $193,788 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.0% of premiums. That is $82 per covered person, below the median for employer plans that report broker pay. Brokers were paid 22.6x the $8,589 reported for 2023.