Surteco North America, Inc.benefits

Surteco North America, Inc.'s benefits plans covered 601 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,154,389. Insurance brokers and agents were paid $299,939 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.0% of premiums. That is $499 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 5.5x the $54,323 reported for 2023.