Techlab, Inc.benefits

Techlab, Inc.'s benefits plans covered 153 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $101,757. Insurance brokers and agents were paid $53,172 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 52.3% of premiums. That is $348 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.8% from $54,713 in 2023.