Vintech Industries Inc.benefits

Vintech Industries Inc.'s benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,285,503. Insurance brokers and agents were paid $72,857 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.7% of premiums. That is $424 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.6% from $78,046 in 2023.