Thermalex, Inc.benefits

Thermalex, Inc.'s benefits plans covered 113 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $925,907. Insurance brokers and agents were paid $49,892 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $442 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 4.1% from $47,943 in 2023.