Millat Industriesbenefits

Millat Industries's benefits plans covered 129 active participants in 2024, providing health · life · dental · short-term disability. Insurance premiums totaled $27,693. Insurance brokers and agents were paid $15,336 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 55.4% of premiums. That is $119 per covered person, below the median for employer plans that report broker pay. Broker pay rose 79% from $8,591 in 2023.