Industrial Control Concepts, Inc.benefits

Industrial Control Concepts, Inc.'s benefits plans covered 121 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $35,591. Insurance brokers and agents were paid $13,657 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 38.4% of premiums. That is $113 per covered person, below the median for employer plans that report broker pay. Broker pay fell 14% from $15,865 in 2023.