Secorp Industries Partnershipbenefits

Secorp Industries Partnership's benefits plans covered 133 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $874,294. Insurance brokers and agents were paid $48,079 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.5% of premiums. That is $361 per covered person, above the median for employer plans that report broker pay. Broker pay rose 57% from $30,619 in 2023.