Rotor Clip Company, Inc.benefits

Rotor Clip Company, Inc.'s benefits plans covered 367 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $88,384. Insurance brokers and agents were paid $33,450 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.8% of premiums. That is $91 per covered person, below the median for employer plans that report broker pay. Broker pay rose 107% from $16,172 in 2023.