Ollie's Bargain Outlet, Inc.benefits

Ollie's Bargain Outlet, Inc.'s benefits plans covered 5,407 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,044,029. Insurance brokers and agents were paid $877,915 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 84.1% of premiums. That is $162 per covered person, below the median for employer plans that report broker pay. Broker pay fell 11% from $986,897 in 2023.