State Steel Supply Co.benefits

State Steel Supply Co.'s benefits plans covered 322 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $3,682,164. Insurance brokers and agents were paid $61,829 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.7% of premiums. That is $192 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.4% from $60,381 in 2023.