Norlen Inc.benefits

Norlen Inc.'s benefits plans covered 120 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $79,225. Insurance brokers and agents were paid $16,580 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.9% of premiums. That is $138 per covered person, below the median for employer plans that report broker pay. Broker pay rose 79% from $9,254 in 2023.