Vpt Inc.benefits

Vpt Inc.'s benefits plans covered 115 active participants in 2024, providing health · life · dental · long-term disability · vision. Insurance premiums totaled $107,343. Insurance brokers and agents were paid $42,654 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.7% of premiums. That is $371 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.9x the $10,962 reported for 2023.