St. Onge Companybenefits

St. Onge Company's benefits plans covered 160 active participants in 2024, providing health · life · dental · long-term disability · death benefits. Insurance premiums totaled $100,783. Insurance brokers and agents were paid $35,759 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.5% of premiums. That is $223 per covered person, above the median for employer plans that report broker pay. Broker pay rose 62% from $22,105 in 2023.