System Studies & Simulation, Inc.benefits

System Studies & Simulation, Inc.'s benefits plans covered 550 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,728,575. Insurance brokers and agents were paid $38,123 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.2% of premiums. That is $69 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 73% from $22,100 in 2023.