C.F. Martin & Co., Inc.benefits

C.F. Martin & Co., Inc.'s benefits plans covered 476 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $27,484. Insurance brokers and agents were paid $51,793 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 188.4% of premiums. That is $109 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $59,662 in 2023.