Cybercoders, Inc.benefits

Cybercoders, Inc.'s benefits plans covered 359 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $253,448. Insurance brokers and agents were paid $77,362 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.5% of premiums. That is $215 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.9% from $73,718 in 2023.