Tuff Wrap Installations, Inc.benefits

Tuff Wrap Installations, Inc.'s benefits plans covered 143 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,277,022. Insurance brokers and agents were paid $272,615 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.3% of premiums. That is $1,906 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 144% from $111,709 in 2023.