Sumitomo (Shi) Cryogenics of America, Inc.benefits

Sumitomo (Shi) Cryogenics of America, Inc.'s benefits plans covered 283 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $4,203,731. Insurance brokers and agents were paid $134,652 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $476 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 16% from $115,698 in 2023.