I Supply Companybenefits

I Supply Company's benefits plans covered 176 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $46,477. Insurance brokers and agents were paid $33,185 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 71.4% of premiums. That is $189 per covered person, below the median for employer plans that report broker pay. Broker pay fell 37% from $52,264 in 2023.