Meijer, Inc.benefits

Meijer, Inc.'s benefits plans covered 65,435 active participants in 2024, providing life · short-term disability · long-term disability. Insurance premiums totaled $3,179,161. Insurance brokers and agents were paid $552,788 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.4% of premiums. That is $8 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 9.7% from $503,685 in 2023.