Emerson Electric Companybenefits

Emerson Electric Company's benefits plans covered 67,221 active participants in 2024, providing death benefits. Insurance brokers and agents were paid $310,099 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $5 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 28% from $427,845 in 2023.