Spicer Group, Inc.benefits

Spicer Group, Inc.'s benefits plans covered 305 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $3,167,552. Insurance brokers and agents were paid $140,975 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $462 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 13% from $124,511 in 2024.