Offerup Inc.benefits

Offerup Inc.'s benefits plans covered 253 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $365,278. Insurance brokers and agents were paid $81,946 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.4% of premiums. That is $324 per covered person, above the median for employer plans that report broker pay. Broker pay rose 33% from $61,633 in 2023.