Structural Conceptsbenefits

Structural Concepts's benefits plans covered 461 active participants in 2024, providing health · life · long-term disability · dental · vision. Insurance premiums totaled $297,523. Insurance brokers and agents were paid $33,584 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.3% of premiums. That is $73 per covered person, below the median for employer plans that report broker pay. Broker pay fell 15% from $39,683 in 2023.