Summit Polymers, Inc.benefits

Summit Polymers, Inc.'s benefits plans covered 1,645 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $502,082. Insurance brokers and agents were paid $237,326 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 47.3% of premiums. That is $144 per covered person, below the median for employer plans that report broker pay. Broker pay fell 9.7% from $262,743 in 2024.