Sargent Corporationbenefits

Sargent Corporation's benefits plans covered 513 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $402,341. Insurance brokers and agents were paid $77,541 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.3% of premiums. That is $151 per covered person, below the median for employer plans that report broker pay. Broker pay rose 53% from $50,779 in 2023.