Globe Engineering Co., Inc.benefits

Globe Engineering Co., Inc.'s benefits plans covered 180 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $161,782. Insurance brokers and agents were paid $25,529 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.8% of premiums. That is $142 per covered person, below the median for employer plans that report broker pay. Broker pay rose 32% from $19,332 in 2023.