Makita U.S.A., Inc.benefits

Makita U.S.A., Inc.'s benefits plans covered 800 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $139,664. Insurance brokers and agents were paid $140,425 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 100.5% of premiums. That is $176 per covered person, below the median for employer plans that report broker pay. Broker pay fell 8.8% from $153,899 in 2023.