Truenet Communications Corp.benefits

Truenet Communications Corp.'s benefits plans covered 500 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,820,152. Insurance brokers and agents were paid $219,375 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.8% of premiums. That is $439 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 25% from $175,285 in 2023.