New England Wire Products, Incbenefits

New England Wire Products, Inc's benefits plans covered 150 active participants in 2024, providing health · dental · long-term disability. Insurance premiums totaled $1,451,433. Insurance brokers and agents were paid $51,601 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $344 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.1% from $54,367 in 2023.