Modern Welding Company, Inc.benefits

Modern Welding Company, Inc.'s benefits plans covered 338 active participants in 2025, providing life · long-term disability · death benefits. Insurance premiums totaled $109,670. Insurance brokers and agents were paid $37,131 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.9% of premiums. That is $110 per covered person, below the median for employer plans that report broker pay. Broker pay rose 36% from $27,301 in 2024.