Sealing Equipment Products Co., Incbenefits

Sealing Equipment Products Co., Inc's benefits plans covered 112 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $221,849. Insurance brokers and agents were paid $20,254 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.1% of premiums. That is $181 per covered person, below the median for employer plans that report broker pay. Broker pay fell 35% from $31,246 in 2023.