Saf-Holland, Inc.benefits

Saf-Holland, Inc.'s benefits plans covered 653 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $477,228. Insurance brokers and agents were paid $87,967 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.4% of premiums. That is $135 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.5% from $80,363 in 2023.