Mastercorp, Inc.benefits

Mastercorp, Inc.'s benefits plans covered 3,309 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $6,567,448. Insurance brokers and agents were paid $65,133 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.0% of premiums. That is $20 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 35% from $48,248 in 2023.