Newcold Seattle Operationsbenefits

Newcold Seattle Operations's benefits plans covered 720 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $332,956. Insurance brokers and agents were paid $126,998 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 38.1% of premiums. That is $176 per covered person, below the median for employer plans that report broker pay. Brokers were paid 5.7x the $22,130 reported for 2023.