M & M Transport Services, Inc.benefits

M & M Transport Services, Inc.'s benefits plan covered 533 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $48,202. Insurance brokers and agents were paid $33,376 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 69.2% of premiums. That is $63 per covered person, in the bottom quarter of employer plans that report broker pay.