Middlesex Water Companybenefits

Middlesex Water Company's benefits plans covered 348 active participants in 2024, providing long-term disability · other. Insurance premiums totaled $293,348. Insurance brokers and agents were paid $252,265 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 86.0% of premiums. That is $725 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 6.8% from $270,669 in 2023.