Roxtec, Inc.benefits

Roxtec, Inc.'s benefits plans covered 144 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $118,000. Insurance brokers and agents were paid $115,211 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 97.6% of premiums. That is $800 per covered person, in the top 10% of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.