The Alpha Corporation of Tennesseebenefits

The Alpha Corporation of Tennessee's benefits plans covered 420 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $5,493,850. Insurance brokers and agents were paid $243,550 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $580 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 18% from $205,659 in 2023.