Spencer Industries Incorporatedbenefits

Spencer Industries Incorporated's benefits plans covered 251 active participants in 2025, providing health · life · dental · vision · other. Insurance premiums totaled $14,709. Insurance brokers and agents were paid $7,201 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 49.0% of premiums. That is $29 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 12% from $8,183 in 2024.