Prince Manufacturing Corporationbenefits

Prince Manufacturing Corporation's benefits plans covered 256 active participants in 2024, providing short-term disability. Insurance premiums totaled $2,853,029. Insurance brokers and agents were paid $66,857 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.3% of premiums. That is $261 per covered person, above the median for employer plans that report broker pay. Broker pay fell 1.9% from $68,123 in 2023.