Mercury Wire Products, Inc.benefits
Mercury Wire Products, Inc. Welfare Benefits Plan · SPENCER, MA · plan year 2025
Mercury Wire Products, Inc.'s benefits plans covered 115 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $47,875. Insurance brokers and agents were paid $52,698 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 110.1% of premiums. That is $458 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 10% from $47,861 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 042395152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.