Oac Services, Inc.benefits

Oac Services, Inc.'s benefits plans covered 123 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $144,647. Insurance brokers and agents were paid $100,836 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 69.7% of premiums. That is $820 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 14% from $116,647 in 2023.