Morris Furniture Co, Inc.benefits

Morris Furniture Co, Inc.'s benefits plans covered 202 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $65,294. Insurance brokers and agents were paid $26,824 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.1% of premiums. That is $133 per covered person, below the median for employer plans that report broker pay. Broker pay fell 16% from $31,777 in 2023.