Sgs North America Inc.benefits

Sgs North America Inc.'s benefits plans covered 2,222 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $194,711. Insurance brokers and agents were paid $609,310 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 312.9% of premiums. That is $274 per covered person, above the median for employer plans that report broker pay. Broker pay rose 78% from $343,217 in 2023.