Industrial Chemicals, Inc.benefits

Industrial Chemicals, Inc.'s benefits plan covered 109 active participants in 2023, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $790,291. Insurance brokers and agents were paid $64,817 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.2% of premiums. That is $595 per covered person, in the top quarter of employer plans that report broker pay.