Zapp Precision Wire, Inc.benefits

Zapp Precision Wire, Inc.'s benefits plans covered 149 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $2,473,341. Insurance brokers and agents were paid $134,377 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $902 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 71% from $458,229 in 2023.