Shintech Incorporatedbenefits

Shintech Incorporated's benefits plans covered 1,068 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $19,039,245. Insurance brokers and agents were paid $278,199 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.5% of premiums. That is $260 per covered person, above the median for employer plans that report broker pay. Broker pay fell 17% from $337,089 in 2023.