Navmar Applied Sciences Corpbenefits

Navmar Applied Sciences Corp's benefits plans covered 76 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $983,628. Insurance brokers and agents were paid $77,547 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.9% of premiums. That is $1,020 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 30% from $110,643 in 2023.