Shipco Transport Inc.benefits

Shipco Transport Inc.'s benefits plans covered 452 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $313,506. Insurance brokers and agents were paid $33,704 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.8% of premiums. That is $75 per covered person, below the median for employer plans that report broker pay. Broker pay rose 4.0% from $32,409 in 2023.