3M Employees Benefits Trust Associationbenefits

3M Employees Benefits Trust Association's benefits plans covered 19,387 active participants in 2024, providing life. Insurance brokers and agents were paid $89,059 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $5 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 20% from $111,498 in 2023.