Great Neck Saw Manufacturers, Inc.benefits

Great Neck Saw Manufacturers, Inc.'s benefits plan covered 242 active participants in 2023, providing health · life · dental · short-term disability · long-term disability · vision · death benefits. Insurance premiums totaled $1,391,037. Insurance brokers and agents were paid $148,737 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.7% of premiums. That is $615 per covered person, in the top quarter of employer plans that report broker pay.