Martin Sprocket & Gear, Inc.benefits

Martin Sprocket & Gear, Inc.'s benefits plans covered 1,794 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $270,857 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $151 per covered person, below the median for employer plans that report broker pay. Broker pay fell 21% from $343,810 in 2023.