Custom Mechanical Systems, Corpbenefits

Custom Mechanical Systems, Corp's benefits plans covered 145 active participants in 2024, providing life · short-term disability · long-term disability. Insurance premiums totaled $102,525. Insurance brokers and agents were paid $13,009 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.7% of premiums. That is $90 per covered person, below the median for employer plans that report broker pay. Broker pay fell 70% from $42,666 in 2023.