Kerotest Manufacturing Corp.benefits

Kerotest Manufacturing Corp.'s benefits plans covered 141 active participants in 2024, providing death benefits. Insurance premiums totaled $96,039. Insurance brokers and agents were paid $58,292 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.7% of premiums. That is $413 per covered person, above the median for employer plans that report broker pay. Brokers were paid 4.6x the $12,769 reported for 2023.