Young Corporationbenefits

Young Corporation's benefits plans covered 107 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $69,829. Insurance brokers and agents were paid $26,400 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.8% of premiums. That is $247 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.9% from $25,668 in 2023.