Saginaw Pipe Company, Inc.benefits

Saginaw Pipe Company, Inc.'s benefits plans covered 105 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $1,504,882. Insurance brokers and agents were paid $64,486 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $614 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.5x the $18,453 reported for 2024.