Gomaco Corporationbenefits

Gomaco Corporation's benefits plans covered 427 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $9,489,902. Insurance brokers and agents were paid $112,260 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.2% of premiums. That is $263 per covered person, above the median for employer plans that report broker pay. Broker pay fell 14% from $130,680 in 2023.