M & F Western Productsbenefits

M & F Western Products's benefits plans covered 182 active participants in 2024, providing health · life. Insurance premiums totaled $1,320,776. Insurance brokers and agents were paid $5,503 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.4% of premiums. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 84% from $33,869 in 2023.