Magnum Magnetics Corporationbenefits

Magnum Magnetics Corporation's benefits plans covered 299 active participants in 2024, providing health · dental · short-term disability · long-term disability · life · vision. Insurance brokers and agents were paid $38,346 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $128 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.4x the $11,148 reported for 2023.