Tecniq, Inc.benefits

Tecniq, Inc.'s benefits plans covered 128 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,227,629. Insurance brokers and agents were paid $64,222 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $502 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 6.2% from $68,487 in 2023.