Trailer Equipment, Inc.benefits

Trailer Equipment, Inc.'s benefits plans covered 111 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $844,144. Insurance brokers and agents were paid $63,752 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.6% of premiums. That is $574 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.6x the $17,762 reported for 2023.