Distribution Technology, Inc.benefits

Distribution Technology, Inc.'s benefits plans covered 232 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $691,840. Insurance brokers and agents were paid $130,543 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.9% of premiums. That is $563 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 4.2% from $136,228 in 2023.