Ultralife Corporationbenefits

Ultralife Corporation's benefits plans covered 395 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $144,830. Insurance brokers and agents were paid $22,384 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.5% of premiums. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 12% from $25,514 in 2023.