Team, Inc.benefits

Team, Inc.'s benefits plans covered 62 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $464,414. Insurance brokers and agents were paid $44,314 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.5% of premiums. That is $715 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 49% from $29,745 in 2023.