Smart Modular Technologies, Inc.benefits

Smart Modular Technologies, Inc.'s benefits plans covered 905 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $10,740,400. Insurance brokers and agents were paid $60,292 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $67 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 18% from $73,294 in 2023.