Primetech International, Inc.benefits

Primetech International, Inc.'s benefits plans covered 286 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,219,772. Insurance brokers and agents were paid $119,426 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.8% of premiums. That is $418 per covered person, above the median for employer plans that report broker pay. Broker pay rose 27% from $94,050 in 2023.