Saltchuk Resources, Inc.benefits

Saltchuk Resources, Inc.'s benefits plans covered 4,263 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $86,519. Insurance brokers and agents were paid $1,238,389 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1431.3% of premiums. That is $290 per covered person, above the median for employer plans that report broker pay. Broker pay rose 10% from $1,125,717 in 2023.