J D Machine Corporationbenefits

J D Machine Corporation's benefits plan covered 151 active participants in 2023, providing health · life. Insurance premiums totaled $1,775,241. Insurance brokers and agents were paid $90,551 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.1% of premiums. That is $600 per covered person, in the top quarter of employer plans that report broker pay.