Rockford Toolcraft Incbenefits

Rockford Toolcraft Inc's benefits plans covered 373 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $329,407. Insurance brokers and agents were paid $137,798 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.8% of premiums. That is $369 per covered person, above the median for employer plans that report broker pay. Broker pay rose 27% from $108,524 in 2023.