Grayco Inc.benefits

Grayco Inc.'s benefits plans covered 180 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $90,091. Insurance brokers and agents were paid $27,392 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.4% of premiums. That is $152 per covered person, below the median for employer plans that report broker pay. Broker pay fell 56% from $62,885 in 2023.