Panduit Corp.benefits

Panduit Corp.'s benefits plans covered 1,509 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $4,022,525. Insurance brokers and agents were paid $24,039 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $16 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 16% from $20,810 in 2023.