Ramsey Industries, Inc.benefits

Ramsey Industries, Inc.'s benefits plans covered 250 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $151,291. Insurance brokers and agents were paid $8,972 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $36 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 18% from $7,603 in 2024.