Universal Tool Equipment and Controls, Inc.benefits

Universal Tool Equipment and Controls, Inc.'s benefits plans covered 130 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $118,333. Insurance brokers and agents were paid $26,636 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.5% of premiums. That is $205 per covered person, above the median for employer plans that report broker pay. Broker pay fell 64% from $73,717 in 2024.