Louis Padnos Iron and Metalbenefits

Louis Padnos Iron and Metal's benefits plans covered 836 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $739,816. Insurance brokers and agents were paid $71,025 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.6% of premiums. That is $85 per covered person, below the median for employer plans that report broker pay. Broker pay rose 111% from $33,705 in 2023.