Strategic Materials, Inc.benefits

Strategic Materials, Inc.'s benefits plans covered 575 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $172,213 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $300 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.5% from $169,660 in 2023.