Magnusson Klemencic Associates, Inc.benefits

Magnusson Klemencic Associates, Inc.'s benefits plans covered 156 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $165,277. Insurance brokers and agents were paid $7,772 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $50 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 35% from $11,905 in 2024.