Educational Development Corporationbenefits

Educational Development Corporation's benefits plan covered 99 active participants in 2023, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $42,438. Insurance brokers and agents were paid $48,551 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 114.4% of premiums. That is $490 per covered person, in the top quarter of employer plans that report broker pay.