Noramco, LLCbenefits

Noramco, LLC's benefits plans covered 381 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $630,117. Insurance brokers and agents were paid $14,963 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $39 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 71% from $52,378 in 2024.