Photonics Management Corpbenefits

Photonics Management Corp's benefits plans covered 264 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $283,407. Insurance brokers and agents were paid $6,179 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.2% of premiums. That is $23 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 20% from $7,706 in 2023.