Intek Plastics, Inc.benefits

Intek Plastics, Inc.'s benefits plan covered 234 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $122,379. Insurance brokers and agents were paid $137,588 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 112.4% of premiums. That is $588 per covered person, in the top quarter of employer plans that report broker pay.