Singer Equipment Company, Inc.benefits

Singer Equipment Company, Inc.'s benefits plans covered 632 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $641,447. Insurance brokers and agents were paid $136,521 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.3% of premiums. That is $216 per covered person, above the median for employer plans that report broker pay. Broker pay fell 16% from $162,836 in 2024.