Mop-Cloyes, Inc.benefits

Mop-Cloyes, Inc.'s benefits plans covered 194 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $97,601. Insurance brokers and agents were paid $46,227 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 47.4% of premiums. That is $238 per covered person, above the median for employer plans that report broker pay. Broker pay rose 10% from $41,942 in 2023.