Mathews Brothers Companybenefits
Mathews Brothers Company Health and Welfare Benefit Plan · BELFAST, ME · plan year 2025
Mathews Brothers Company's benefits plans covered 330 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,231,411. Insurance brokers and agents were paid $112,616 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $341 per covered person, above the median for employer plans that report broker pay. Broker pay fell 9.9% from $125,045 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 010116500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.