Vulcanforms, Inc.benefits

Vulcanforms, Inc.'s benefits plans covered 235 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $322,093. Insurance brokers and agents were paid $84,071 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.1% of premiums. That is $358 per covered person, above the median for employer plans that report broker pay. Broker pay fell 22% from $107,251 in 2023.