The Okonite Company Incbenefits

The Okonite Company Inc's benefits plans covered 2,979 active participants in 2024, providing life · dental · short-term disability. Insurance premiums totaled $29,395,077. Insurance brokers and agents were paid $7,585 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.0% of premiums. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 5.3% from $8,010 in 2023.