Great Neck Tools, Inc.benefits

Great Neck Tools, Inc.'s benefits plans covered 272 active participants in 2025, providing health · life · dental · short-term disability · long-term disability · vision · death benefits. Insurance premiums totaled $1,491,611. Insurance brokers and agents were paid $156,202 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.5% of premiums. That is $574 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 3.6% from $162,059 in 2024.