Steel Technologies, LLC.benefits

Steel Technologies, LLC.'s benefits plans covered 1,494 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $279,492. Insurance brokers and agents were paid $190,366 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 68.1% of premiums. That is $127 per covered person, below the median for employer plans that report broker pay. Broker pay rose 6.9% from $178,086 in 2023.