New Frontier Materialsbenefits

New Frontier Materials's benefits plan covered 131 active participants in 2023, providing life · death benefits. Insurance premiums totaled $6,146. Insurance brokers and agents were paid $4,685 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 76.2% of premiums. That is $36 per covered person, in the bottom quarter of employer plans that report broker pay.