Mg Oil Companybenefits

Mg Oil Company's benefits plans covered 423 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $2,760,291. Insurance brokers and agents were paid $129,600 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $306 per covered person, above the median for employer plans that report broker pay. Broker pay fell 64% from $361,200 in 2023.