Kmgbenefits

Kmg's benefits plans covered 168 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,390,459. Insurance brokers and agents were paid $76,776 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $457 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 15% from $90,635 in 2023.