Portland Products, Inc.benefits

Portland Products, Inc.'s benefits plan covered 90 active participants in 2023, providing health · life · short-term disability · death benefits. Insurance premiums totaled $583,275. Insurance brokers and agents were paid $35,429 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $394 per covered person, above the median for employer plans that report broker pay.