Mjw Consolidated Inc.benefits

Mjw Consolidated Inc.'s benefits plans covered 128 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,563,305. Insurance brokers and agents were paid $87,556 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.6% of premiums. That is $684 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 9.6% from $96,822 in 2023.