Merit Logistics, LLCbenefits

Merit Logistics, LLC's benefits plans covered 432 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $443,321. Insurance brokers and agents were paid $376,309 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 84.9% of premiums. That is $871 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 28.2x the $13,322 reported for 2023.