Stax Payments, Inc.benefits

Stax Payments, Inc.'s benefits plan covered 309 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,465,630. Insurance brokers and agents were paid $186,423 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.6% of premiums. That is $603 per covered person, in the top quarter of employer plans that report broker pay.