Mag-Tek, Inc.benefits

Mag-Tek, Inc.'s benefits plans covered 139 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $151,376 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,089 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 7.4% from $140,982 in 2023.