Gwynedd Manufacturing, Inc.benefits

Gwynedd Manufacturing, Inc.'s benefits plans covered 298 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,089,846. Insurance brokers and agents were paid $67,911 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.2% of premiums. That is $228 per covered person, above the median for employer plans that report broker pay. Broker pay fell 55% from $149,465 in 2023.