Parker Plastics, Inc.benefits

Parker Plastics, Inc.'s benefits plans covered 391 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $357,297. Insurance brokers and agents were paid $31,354 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.8% of premiums. That is $80 per covered person, below the median for employer plans that report broker pay. Broker pay fell 12% from $35,538 in 2024.