Neel-Schaffer, Inc.benefits

Neel-Schaffer, Inc.'s benefits plans covered 553 active participants in 2024, providing health · life · dental · long-term disability. Insurance premiums totaled $346,797. Insurance brokers and agents were paid $119,565 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 34.5% of premiums. That is $216 per covered person, above the median for employer plans that report broker pay. Broker pay rose 58% from $75,602 in 2023.