Torcon, Inc.benefits

Torcon, Inc.'s benefits plans covered 215 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $241,277. Insurance brokers and agents were paid $67,306 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.9% of premiums. That is $313 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.4% from $70,400 in 2023.