Martin-Baker America, Inc.benefits

Martin-Baker America, Inc.'s benefits plans covered 155 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $14,730. Insurance brokers and agents were paid $13,085 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 88.8% of premiums. That is $84 per covered person, below the median for employer plans that report broker pay. Broker pay fell 87% from $102,847 in 2023.