Systems Contracting Corp.benefits

Systems Contracting Corp.'s benefits plans covered 392 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $276,160. Insurance brokers and agents were paid $277,399 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 100.4% of premiums. That is $708 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 26% from $220,679 in 2023.