All World Machinery Supply, Inc.benefits

All World Machinery Supply, Inc.'s benefits plans covered 117 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $172,727. Insurance brokers and agents were paid $83,657 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 48.4% of premiums. That is $715 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 8.7% from $91,641 in 2023.