Qad Inc.benefits

Qad Inc.'s benefits plans covered 530 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $55,544. Insurance brokers and agents were paid $70,268 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 126.5% of premiums. That is $133 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $63,127 in 2023.