Specialty Metals Hold Co dba the Lawton Standard Cobenefits

Specialty Metals Hold Co dba the Lawton Standard Co's benefits plans covered 368 active participants in 2024, providing health · short-term disability. Insurance premiums totaled $2,316,444. Insurance brokers and agents were paid $366,139 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.8% of premiums. That is $995 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 56% from $235,136 in 2023.