Tower Laboratoriesbenefits

Tower Laboratories's benefits plans covered 252 active participants in 2024, providing life · death benefits. Insurance premiums totaled $156,349. Insurance brokers and agents were paid $93,128 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.6% of premiums. That is $370 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.8% from $92,380 in 2023.