Gulf Management, Inc.benefits

Gulf Management, Inc.'s benefits plans covered 157 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,382,759. Insurance brokers and agents were paid $119,511 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.6% of premiums. That is $761 per covered person, in the top 10% of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.