P E Systems, Inc.benefits

P E Systems, Inc.'s benefits plans covered 300 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $292,031. Insurance brokers and agents were paid $183,555 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.9% of premiums. That is $612 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 10% from $166,174 in 2023.