Sanmina Corporationbenefits

Sanmina Corporation's benefits plans covered 5,847 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,490,869. Insurance brokers and agents were paid $346,292 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.9% of premiums. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 68% from $206,547 in 2023.