Mercantile Thrift Stores, Inc.benefits

Mercantile Thrift Stores, Inc.'s benefits plans covered 38 active participants in 2024, providing dental · vision · short-term disability. Insurance premiums totaled $29,283. Insurance brokers and agents were paid $3,394 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.6% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay fell 31% from $4,949 in 2023.