Victaulic Companybenefits

Victaulic Company's benefits plans covered 2,987 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $118,497. Insurance brokers and agents were paid $242,215 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 204.4% of premiums. That is $81 per covered person, below the median for employer plans that report broker pay. Broker pay rose 4.7% from $231,381 in 2023.