Tropic Supply, Inc.benefits

Tropic Supply, Inc.'s benefits plans covered 294 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,083,321. Insurance brokers and agents were paid $201,597 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.7% of premiums. That is $686 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 1.4% from $198,869 in 2024.