International Crankshaft, Inc.benefits

International Crankshaft, Inc.'s benefits plans covered 317 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $136,642. Insurance brokers and agents were paid $76,428 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 55.9% of premiums. That is $241 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $66,885 in 2023.