Shrader Tire and Oil, Inc.benefits

Shrader Tire and Oil, Inc.'s benefits plans covered 222 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $66,630. Insurance brokers and agents were paid $23,253 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 34.9% of premiums. That is $105 per covered person, below the median for employer plans that report broker pay. Broker pay fell 24% from $30,793 in 2023.