Silvi Concrete Products, Inc.benefits

Silvi Concrete Products, Inc.'s benefits plans covered 550 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $408,697. Insurance brokers and agents were paid $68,889 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.9% of premiums. That is $125 per covered person, below the median for employer plans that report broker pay. Broker pay fell 28% from $95,572 in 2023.