Dexter Fastener Technologies, Inc.benefits

Dexter Fastener Technologies, Inc.'s benefits plans covered 258 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $207,490. Insurance brokers and agents were paid $41,927 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.2% of premiums. That is $163 per covered person, below the median for employer plans that report broker pay. Broker pay rose 53% from $27,320 in 2023.