Electronic Merchant Systemsbenefits

Electronic Merchant Systems's benefits plans covered 182 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,386,872. Insurance brokers and agents were paid $100,326 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $551 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 33% from $75,246 in 2023.