M Culinary Concepts, LLCbenefits

M Culinary Concepts, LLC's benefits plan covered 337 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $94,386. Insurance brokers and agents were paid $13,905 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.7% of premiums. That is $41 per covered person, in the bottom quarter of employer plans that report broker pay.