Mars Electric Companybenefits

Mars Electric Company's benefits plans covered 214 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,164,676. Insurance brokers and agents were paid $88,433 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $413 per covered person, above the median for employer plans that report broker pay. Broker pay fell 13% from $101,104 in 2024.