Summit Handling Systems Inc.benefits

Summit Handling Systems Inc.'s benefits plans covered 179 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $664,364. Insurance brokers and agents were paid $92,823 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.0% of premiums. That is $519 per covered person, in the top quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.