Dematic Corp.benefits

Dematic Corp.'s benefits plans covered 4,211 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $5,170,185. Insurance brokers and agents were paid $783,057 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.1% of premiums. That is $186 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $897,043 in 2023.