Douglas Machine Corpbenefits

Douglas Machine Corp's benefits plan covered 110 active participants in 2023, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $745,973. Insurance brokers and agents were paid $38,436 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $349 per covered person, above the median for employer plans that report broker pay.