Interconnect Cable Technologies Corporationbenefits

Interconnect Cable Technologies Corporation's benefits plans covered 160 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,063,135. Insurance brokers and agents were paid $69,761 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.6% of premiums. That is $436 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 11% from $63,095 in 2023.