Pratt Industries, Inc.benefits

Pratt Industries, Inc.'s benefits plans covered 9,949 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $8,577,107. Insurance brokers and agents were paid $2,120,754 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.7% of premiums. That is $213 per covered person, above the median for employer plans that report broker pay. Broker pay rose 23% from $1,720,663 in 2024.