Spinrite Intermediate Holdings, Inc.benefits

Spinrite Intermediate Holdings, Inc.'s benefits plans covered 200 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $92,478. Insurance brokers and agents were paid $11,419 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.3% of premiums. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 24% from $15,008 in 2023.