Midwest Refrigerated Services, Inc.benefits

Midwest Refrigerated Services, Inc.'s benefits plans covered 374 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $600,190. Insurance brokers and agents were paid $24,073 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $64 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 5.4x the $4,489 reported for 2023.