N.E.W. Industries, Inc.benefits

N.E.W. Industries, Inc.'s benefits plans covered 167 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $76,567. Insurance brokers and agents were paid $29,461 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 38.5% of premiums. That is $176 per covered person, below the median for employer plans that report broker pay. Broker pay rose 42% from $20,718 in 2023.