Miami Labs, Incbenefits

Miami Labs, Inc's benefits plans covered 48 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $692,334. Insurance brokers and agents were paid $55,725 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.0% of premiums. That is $1,161 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 11% from $62,663 in 2023.