Mkec Engineering, Inc.benefits

Mkec Engineering, Inc.'s benefits plans covered 200 active participants in 2024, providing life · short-term disability · long-term disability · health. Insurance premiums totaled $704,766. Insurance brokers and agents were paid $21,485 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $107 per covered person, below the median for employer plans that report broker pay. Broker pay fell 89% from $198,767 in 2023.