Metalworks, Inc.benefits

Metalworks, Inc.'s benefits plans covered 156 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $92,223. Insurance brokers and agents were paid $25,487 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.6% of premiums. That is $163 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $22,618 in 2023.