McCormick Inc.benefits

McCormick Inc.'s benefits plans covered 146 active participants in 2023, providing life · long-term disability · death benefits. Insurance premiums totaled $80,825. Insurance brokers and agents were paid $11,307 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.0% of premiums. That is $77 per covered person, below the median for employer plans that report broker pay.