Norman Industrial Materials Inc. dba Industrial Metal Supply Companybenefits

Norman Industrial Materials Inc. dba Industrial Metal Supply Company's benefits plan covered 419 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $38,377. Insurance brokers and agents were paid $17,065 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 44.5% of premiums. That is $41 per covered person, in the bottom quarter of employer plans that report broker pay.