Special-Lite, Inc.benefits

Special-Lite, Inc.'s benefits plans covered 257 active participants in 2024, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $162,637. Insurance brokers and agents were paid $17,487 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.8% of premiums. That is $68 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 4.2x the $4,173 reported for 2023.