Martin Brothers Distributing Company, Inc.benefits
Martin Bros. Employees Medical Care Benefits · CEDAR FALLS, IA · plan year 2025
Martin Brothers Distributing Company, Inc.'s benefits plans covered 630 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,687,723. Insurance brokers and agents were paid $118,080 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.5% of premiums. That is $187 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $106,605 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 420841720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.