Loos Machine & Automation LLCbenefits

Loos Machine & Automation LLC's benefits plans covered 133 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other · vision. Insurance premiums totaled $60,949. Insurance brokers and agents were paid $15,521 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.5% of premiums. That is $117 per covered person, below the median for employer plans that report broker pay. Broker pay rose 15% from $13,553 in 2023.