Education Development Center, Inc.benefits

Education Development Center, Inc.'s benefits plans covered 470 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $10,363,116. Insurance brokers and agents were paid $318,390 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $677 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 27% from $250,762 in 2023.