Millennium Concepts, Inc.benefits

Millennium Concepts, Inc.'s benefits plans covered 104 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $579,373. Insurance brokers and agents were paid $35,081 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $337 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.4% from $34,249 in 2023.