McWane Incbenefits

McWane Inc's benefits plans covered 5,877 active participants in 2024, providing health · life · dental · long-term disability · death benefits · vision. Insurance premiums totaled $6,431,125. Insurance brokers and agents were paid $768,179 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.9% of premiums. That is $131 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $689,456 in 2023.