Sea Watch International LTDbenefits

Sea Watch International LTD's benefits plans covered 162 active participants in 2024, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $199,702. Insurance brokers and agents were paid $18,774 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.4% of premiums. That is $116 per covered person, below the median for employer plans that report broker pay. Broker pay fell 24% from $24,834 in 2023.