Sigmatron International, Inc.benefits

Sigmatron International, Inc.'s benefits plans covered 243 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $269,890. Insurance brokers and agents were paid $43,497 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.1% of premiums. That is $179 per covered person, below the median for employer plans that report broker pay. Broker pay fell 20% from $54,116 in 2023.