The Siemon Companybenefits

The Siemon Company's benefits plans covered 261 active participants in 2025, providing health · life · dental · long-term disability · death benefits. Insurance premiums totaled $4,158,871. Insurance brokers and agents were paid $10,096 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.2% of premiums. That is $39 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 3.6% from $9,742 in 2024.