Terran Orbital Corporationbenefits

Terran Orbital Corporation's benefits plans covered 559 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $8,748,250. Insurance brokers and agents were paid $506,214 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.8% of premiums. That is $906 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 33% from $379,733 in 2023.