K-Trans Management, Inc.benefits

K-Trans Management, Inc.'s benefits plans covered 248 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $2,611,591. Insurance brokers and agents were paid $212,544 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.1% of premiums. That is $857 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 37% from $154,722 in 2023.