Cm Management, Inc.benefits

Cm Management, Inc.'s benefits plans covered 225 active participants in 2024, providing health · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,196,656. Insurance brokers and agents were paid $90,894 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.6% of premiums. That is $404 per covered person, above the median for employer plans that report broker pay. Broker pay fell 23% from $118,470 in 2023.