Mmr Group, Inc.benefits
Mmr Group, Inc. Employee Benefits Plan · BATON ROUGE, LA · plan year 2024
Mmr Group, Inc.'s benefits plans covered 2,772 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,696,865. Insurance brokers and agents were paid $1,467,304 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 86.5% of premiums. That is $529 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 3.6% from $1,521,820 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 721271030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.