Cdm Managementbenefits

Cdm Management's benefits plans covered 497 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,091,291. Insurance brokers and agents were paid $63,150 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.8% of premiums. That is $127 per covered person, below the median for employer plans that report broker pay. Brokers were paid 9.9x the $6,378 reported for 2023.