Squaretrade, Inc.benefits

Squaretrade, Inc.'s benefits plans covered 526 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $6,213,369. Insurance brokers and agents were paid $567,685 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.1% of premiums. That is $1,079 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 15% from $493,293 in 2023.