Security Lock Distributors Inc.benefits

Security Lock Distributors Inc.'s benefits plans covered 218 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $26,661,408. Insurance brokers and agents were paid $673,879 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.5% of premiums. That is $3,091 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 6.9x the $97,972 reported for 2024.