McCormick Paint Works Companybenefits

McCormick Paint Works Company's benefits plans covered 106 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $22,316. Insurance brokers and agents were paid $97,396 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 436.4% of premiums. That is $919 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 22.4x the $4,357 reported for 2023.