Modern Forge Services, LLCbenefits

Modern Forge Services, LLC's benefits plans covered 446 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $59,829. Insurance brokers and agents were paid $116,388 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 194.5% of premiums. That is $261 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.0% from $121,258 in 2023.