Vicor Corporationbenefits

Vicor Corporation's benefits plans covered 1,349 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $12,582,035. Insurance brokers and agents were paid $403,568 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $299 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.1% from $399,048 in 2023.