Englund Marine Supply Co., Inc.benefits

Englund Marine Supply Co., Inc.'s benefits plans covered 109 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $722,421. Insurance brokers and agents were paid $10,967 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.5% of premiums. That is $101 per covered person, below the median for employer plans that report broker pay. Broker pay fell 8.5% from $11,985 in 2023.