Nextek, Inc.benefits

Nextek, Inc.'s benefits plans covered 154 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,128,029. Insurance brokers and agents were paid $35,411 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.7% of premiums. That is $230 per covered person, above the median for employer plans that report broker pay. Broker pay rose 15% from $30,689 in 2023.