Stoneridge, Inc.benefits

Stoneridge, Inc.'s benefits plans covered 707 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $366,761. Insurance brokers and agents were paid $35,368 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.6% of premiums. That is $50 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 39% from $25,488 in 2023.