Norco, Inc.benefits

Norco, Inc.'s benefits plans covered 1,130 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance premiums totaled $176,920. Insurance brokers and agents were paid $36,602 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.7% of premiums. That is $32 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 37% from $26,633 in 2023.