Mjc Inc.benefits

Mjc Inc.'s benefits plans covered 259 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $1,734,108. Insurance brokers and agents were paid $49,970 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $193 per covered person, above the median for employer plans that report broker pay. Broker pay fell 0.6% from $50,275 in 2023.