Piper Aircraft, Inc.benefits

Piper Aircraft, Inc.'s benefits plans covered 1,831 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $12,013,140. Insurance brokers and agents were paid $79,811 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.7% of premiums. That is $44 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 20% from $66,726 in 2023.