Gil-Mar Manufacturing Companybenefits

Gil-Mar Manufacturing Company's benefits plans covered 206 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,240,502. Insurance brokers and agents were paid $144,263 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $700 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 87% from $77,287 in 2023.