Erco Worldwide Inc.benefits

Erco Worldwide Inc.'s benefits plans covered 164 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,451,757. Insurance brokers and agents were paid $111,440 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $680 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 0.9% from $112,434 in 2024.