Welding Technology Corpbenefits

Welding Technology Corp's benefits plans covered 134 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $897,757. Insurance brokers and agents were paid $59,164 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.6% of premiums. That is $442 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 19% from $73,136 in 2023.