Elg Metals Inc.benefits

Elg Metals Inc.'s benefits plans covered 153 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $15,504. Insurance brokers and agents were paid $60,226 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 388.5% of premiums. That is $394 per covered person, above the median for employer plans that report broker pay. Broker pay fell 26% from $81,562 in 2023.