I3 Electronics, Inc.benefits

I3 Electronics, Inc.'s benefits plans covered 289 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,523,457. Insurance brokers and agents were paid $83,181 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.5% of premiums. That is $288 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $68,444 in 2023.