Mgp Ingredients, Inc.benefits

Mgp Ingredients, Inc.'s benefits plans covered 538 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $74,407. Insurance brokers and agents were paid $91,158 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 122.5% of premiums. That is $169 per covered person, below the median for employer plans that report broker pay. Broker pay fell 5.4% from $96,324 in 2023.