Stamptech, Inc.benefits

Stamptech, Inc.'s benefits plans covered 370 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,907,247. Insurance brokers and agents were paid $120,687 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $326 per covered person, above the median for employer plans that report broker pay. Broker pay fell 10% from $134,189 in 2023.