Schott Corporationbenefits

Schott Corporation's benefits plans covered 748 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $447,131. Insurance brokers and agents were paid $1,720,401 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 384.8% of premiums. That is $2,300 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 96% from $877,175 in 2023.