Industrial Manufacturing and Professional Commercial Trustbenefits

Industrial Manufacturing and Professional Commercial Trust's benefits plans covered 4,983 active participants in 2024, providing health · life · dental. Insurance premiums totaled $546,712. Insurance brokers and agents were paid $957,781 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 175.2% of premiums. That is $192 per covered person, above the median for employer plans that report broker pay. Broker pay fell 8.5% from $1,046,394 in 2023.