Team Technologies, Inc.benefits

Team Technologies, Inc.'s benefits plans covered 397 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,957,952. Insurance brokers and agents were paid $149,446 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $376 per covered person, above the median for employer plans that report broker pay. Broker pay fell 34% from $226,482 in 2023.