Schrader-Bridgeport International, Inc.benefits

Schrader-Bridgeport International, Inc.'s benefits plans covered 145 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $121,824. Insurance brokers and agents were paid $52,232 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 42.9% of premiums. That is $360 per covered person, above the median for employer plans that report broker pay. Broker pay fell 49% from $102,098 in 2023.