Tervis Tumbler Companybenefits

Tervis Tumbler Company's benefits plans covered 66 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,169,050. Insurance brokers and agents were paid $82,687 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $1,253 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.7x the $22,165 reported for 2023.