Tate Ornamental, Inc.benefits

Tate Ornamental, Inc.'s benefits plans covered 253 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $86,290. Insurance brokers and agents were paid $48,011 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 55.6% of premiums. That is $190 per covered person, above the median for employer plans that report broker pay. Broker pay rose 18% from $40,852 in 2023.