Ofta Management, Inc.benefits

Ofta Management, Inc.'s benefits plans covered 231 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $161,841. Insurance brokers and agents were paid $79,527 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 49.1% of premiums. That is $344 per covered person, above the median for employer plans that report broker pay. Broker pay fell 45% from $144,725 in 2023.