Sumitomo Chemical America, Inc.benefits

Sumitomo Chemical America, Inc.'s benefits plans covered 791 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,292,708. Insurance brokers and agents were paid $2,736 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.2% of premiums. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 96% from $63,365 in 2023.