Nutramax Laboratories, Inc.benefits

Nutramax Laboratories, Inc.'s benefits plans covered 796 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $626,404. Insurance brokers and agents were paid $162,838 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.0% of premiums. That is $205 per covered person, above the median for employer plans that report broker pay. Broker pay rose 43% from $113,588 in 2023.