Martin's Potato Chips, Inc.benefits

Martin's Potato Chips, Inc.'s benefits plans covered 209 active participants in 2024, providing life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $15,954. Insurance brokers and agents were paid $8,257 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 51.8% of premiums. That is $40 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 54% from $17,776 in 2023.