Medpace, Incbenefits

Medpace, Inc's benefits plans covered 2,984 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $1,164,145. Insurance brokers and agents were paid $248,208 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.3% of premiums. That is $83 per covered person, below the median for employer plans that report broker pay. Broker pay rose 92% from $129,564 in 2023.