Sigmatech, Inc.benefits

Sigmatech, Inc.'s benefits plans covered 527 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,795,943. Insurance brokers and agents were paid $100,917 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.7% of premiums. That is $191 per covered person, above the median for employer plans that report broker pay. Broker pay rose 31% from $77,085 in 2023.