Oetiker, Inc.benefits

Oetiker, Inc.'s benefits plans covered 348 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $688,041. Insurance brokers and agents were paid $124,583 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.1% of premiums. That is $358 per covered person, above the median for employer plans that report broker pay. Broker pay fell 10% from $138,888 in 2023.