Strand Associates, Inc.benefits

Strand Associates, Inc.'s benefits plans covered 541 active participants in 2025, providing life · long-term disability · other · health · dental · vision. Insurance premiums totaled $459,677. Insurance brokers and agents were paid $230,028 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 50.0% of premiums. That is $425 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $187,881 in 2024.