McElveen Buick Gmc, Inc.benefits

McElveen Buick Gmc, Inc.'s benefits plans covered 185 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,002,044. Insurance brokers and agents were paid $92,970 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.3% of premiums. That is $503 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 4.3x the $21,423 reported for 2023.