Institute of Electrical and Electronics Engineers, Inc.benefits

Institute of Electrical and Electronics Engineers, Inc.'s benefits plans covered 1,178 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $575,853. Insurance brokers and agents were paid $35,557 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.2% of premiums. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 54% from $77,911 in 2023.