Merchants Financial Group, Inc.benefits

Merchants Financial Group, Inc.'s benefits plans covered 345 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $296,026. Insurance brokers and agents were paid $46,603 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.7% of premiums. That is $135 per covered person, below the median for employer plans that report broker pay. Broker pay fell 9.6% from $51,561 in 2024.