Steel Industries Inc.benefits

Steel Industries Inc.'s benefits plan covered 220 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,651,334. Insurance brokers and agents were paid $132,381 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.0% of premiums. That is $602 per covered person, in the top quarter of employer plans that report broker pay.