Sp Plus Corporationbenefits

Sp Plus Corporation's benefits plans covered 12,489 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $42,446,845. Insurance brokers and agents were paid $1,092,070 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.6% of premiums. That is $87 per covered person, below the median for employer plans that report broker pay. Broker pay rose 12% from $972,965 in 2023.