Northern Stamping, Inc.benefits

Northern Stamping, Inc.'s benefits plans covered 229 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,924,339. Insurance brokers and agents were paid $171,015 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.8% of premiums. That is $747 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 31% from $130,815 in 2023.