Marquardt Switches, Inc.benefits

Marquardt Switches, Inc.'s benefits plans covered 167 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $116,198. Insurance brokers and agents were paid $185,784 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 159.9% of premiums. That is $1,112 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 28% from $145,025 in 2024.