Selecttech Services Corporationbenefits

Selecttech Services Corporation's benefits plans covered 144 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $34,833. Insurance brokers and agents were paid $64,802 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 186.0% of premiums. That is $450 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 50% from $43,329 in 2023.