Superior Electric Great Lakes Companybenefits

Superior Electric Great Lakes Company's benefits plans covered 175 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,629,209. Insurance brokers and agents were paid $167,891 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $959 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 27% from $132,128 in 2023.