Phillips Service Industries, Inc.benefits

Phillips Service Industries, Inc.'s benefits plan covered 132 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $63,574. Insurance brokers and agents were paid $84,236 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 132.5% of premiums. That is $638 per covered person, in the top quarter of employer plans that report broker pay.