Snider Tire, Inc.benefits

Snider Tire, Inc.'s benefits plans covered 1,116 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $462,267. Insurance brokers and agents were paid $275,071 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.5% of premiums. That is $246 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.1% from $269,395 in 2023.