Sechan Electronics, Inc.benefits

Sechan Electronics, Inc.'s benefits plans covered 318 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $42,112. Insurance brokers and agents were paid $34,732 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 82.5% of premiums. That is $109 per covered person, below the median for employer plans that report broker pay. Broker pay rose 196% from $11,731 in 2023.