Michigan Sugar Companybenefits

Michigan Sugar Company's benefits plans covered 1,647 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,880,992. Insurance brokers and agents were paid $205,661 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.9% of premiums. That is $125 per covered person, below the median for employer plans that report broker pay. Broker pay rose 21% from $170,359 in 2024.