Modern Plumbing Industries, Inc.benefits

Modern Plumbing Industries, Inc.'s benefits plans covered 156 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $951,435. Insurance brokers and agents were paid $101,851 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.7% of premiums. That is $653 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 30% from $78,285 in 2023.