Nic Global Manufacturingbenefits

Nic Global Manufacturing's benefits plans covered 471 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,244,500. Insurance brokers and agents were paid $140,206 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $298 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.5% from $136,775 in 2024.