Staxbenefits

Stax's benefits plans covered 291 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,051,728. Insurance brokers and agents were paid $167,807 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.2% of premiums. That is $577 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 40% from $119,945 in 2023.