Trax USA Corpbenefits

Trax USA Corp's benefits plans covered 108 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $681,634. Insurance brokers and agents were paid $45,701 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $423 per covered person, above the median for employer plans that report broker pay. Broker pay rose 13% from $40,275 in 2023.