Outwater Industries, Inc.benefits

Outwater Industries, Inc.'s benefits plans covered 101 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $66,776. Insurance brokers and agents were paid $31,082 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 46.5% of premiums. That is $308 per covered person, above the median for employer plans that report broker pay. Broker pay fell 84% from $195,375 in 2023.