Marmen Energy Companybenefits
Marmen Energy Company Welfare Benefits Plan · BRANDON, SD · plan year 2024
Marmen Energy Company's benefits plans covered 243 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $216,541. Insurance brokers and agents were paid $27,512 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.7% of premiums. That is $113 per covered person, below the median for employer plans that report broker pay. Broker pay fell 37% from $43,921 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 300774022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.