Smc Systems Incbenefits

Smc Systems Inc's benefits plan covered 273 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,008,076. Insurance brokers and agents were paid $106,874 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.3% of premiums. That is $391 per covered person, above the median for employer plans that report broker pay.