Morton Investment Company LLCbenefits

Morton Investment Company LLC's benefits plans covered 3,005 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $53,895. Insurance brokers and agents were paid $58,512 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 108.6% of premiums. That is $19 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 74% from $225,321 in 2023.