Monahan Products, LLCbenefits

Monahan Products, LLC's benefits plans covered 168 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,555,506. Insurance brokers and agents were paid $87,429 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.4% of premiums. That is $520 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 9.0% from $80,176 in 2023.