Elg Utica Alloys, Inc.benefits

Elg Utica Alloys, Inc.'s benefits plans covered 263 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,462,741. Insurance brokers and agents were paid $132,188 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $503 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 11% from $119,399 in 2023.