Milam Oil Corporation D.B.A. Milam Construction Co.benefits

Milam Oil Corporation D.B.A. Milam Construction Co.'s benefits plans covered 147 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $33,628. Insurance brokers and agents were paid $42,580 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 126.6% of premiums. That is $290 per covered person, above the median for employer plans that report broker pay. Broker pay fell 0.7% from $42,895 in 2023.