The Porter and Chester Institute, Inc.benefits

The Porter and Chester Institute, Inc.'s benefits plans covered 227 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $73,147. Insurance brokers and agents were paid $108,272 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 148.0% of premiums. That is $477 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 7.3% from $100,922 in 2023.