Phd Manufacturing Incbenefits

Phd Manufacturing Inc's benefits plans covered 122 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $1,088,111. Insurance brokers and agents were paid $54,854 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $450 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 3.3% from $56,731 in 2023.