Gunite Corporation Rockfordbenefits

Gunite Corporation Rockford's benefits plans covered 1,184 active participants in 2024, providing life · short-term disability · long-term disability · death benefits. Insurance premiums totaled $482,540. Insurance brokers and agents were paid $11,493 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $10 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 16% from $13,700 in 2023.