Custom Engineering Co.benefits

Custom Engineering Co.'s benefits plans covered 105 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $9,611. Insurance brokers and agents were paid $31,372 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 326.4% of premiums. That is $299 per covered person, above the median for employer plans that report broker pay. Broker pay fell 26% from $42,134 in 2023.