McKay Books, Inc.benefits

McKay Books, Inc.'s benefits plans covered 217 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $859,262. Insurance brokers and agents were paid $94,779 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.0% of premiums. That is $437 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 54% from $61,652 in 2023.