Paytronix Systems, Inc.benefits

Paytronix Systems, Inc.'s benefits plans covered 250 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,279,194. Insurance brokers and agents were paid $109,806 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.3% of premiums. That is $439 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.4% from $106,150 in 2023.