Galaxy Systems, Inc.benefits

Galaxy Systems, Inc.'s benefits plans covered 514 active participants in 2023, providing life · long-term disability · short-term disability. Insurance premiums totaled $566,175. Insurance brokers and agents were paid $275,199 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 48.6% of premiums. That is $535 per covered person, in the top quarter of employer plans that report broker pay.