Network Designs Inc.benefits

Network Designs Inc.'s benefits plans covered 199 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $193,949. Insurance brokers and agents were paid $199,600 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 102.9% of premiums. That is $1,003 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 15% from $174,180 in 2023.