G.M.T., LLCbenefits

G.M.T., LLC's benefits plans covered 334 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $1,064,823. Insurance brokers and agents were paid $2,192,895 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 205.9% of premiums. That is $6,566 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 25% from $1,761,340 in 2023.