Samsung Electronics America, Inc.benefits

Samsung Electronics America, Inc.'s benefits plans covered 5,611 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $51,833. Insurance brokers and agents were paid $486,665 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 938.9% of premiums. That is $87 per covered person, below the median for employer plans that report broker pay. Broker pay fell 25% from $648,344 in 2023.