Materne North America Corp.benefits

Materne North America Corp.'s benefits plans covered 822 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $516,272. Insurance brokers and agents were paid $577,285 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 111.8% of premiums. That is $702 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 3.0% from $595,254 in 2023.