IT1 Source, Inc.benefits

IT1 Source, Inc.'s benefits plans covered 134 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $289,507. Insurance brokers and agents were paid $31,638 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 $236 per covered person, above the median for employer plans that report broker pay. Broker pay fell 46% from $58,884 in 2023.