The Allen Company, Inc.benefits

The Allen Company, Inc.'s benefits plans covered 244 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $106,052. Insurance brokers and agents were paid $41,968 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.6% of premiums. That is $172 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $48,030 in 2023.