The Orvis Company, Inc.benefits

The Orvis Company, Inc.'s benefits plans covered 786 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $492,127. Insurance brokers and agents were paid $91,645 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.6% of premiums. That is $117 per covered person, below the median for employer plans that report broker pay. Broker pay fell 12% from $104,323 in 2023.