Motco, Inc.benefits

Motco, Inc.'s benefits plans covered 213 active participants in 2024, providing death benefits. Insurance brokers and agents were paid $2,400 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $11 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 45% from $1,651 in 2023.