Steel and Pipes Incbenefits

Steel and Pipes Inc's benefits plans covered 130 active participants in 2024, providing health. Insurance premiums totaled $389,890. Insurance brokers and agents were paid $409,190 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 105.0% of premiums. That is $3,148 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 8.2% from $445,734 in 2023.