International Ship Repair & Marine Services, Inc.benefits

International Ship Repair & Marine Services, Inc.'s benefits plans covered 163 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,296,527. Insurance brokers and agents were paid $141,578 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.9% of premiums. That is $869 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 19% from $118,734 in 2023.