Mote Marine Laboratory, Inc.benefits
Mote Marine Laboratory, Inc. Welfare Benefits Plan · SARASOTA, FL · plan year 2025
Mote Marine Laboratory, Inc.'s benefits plans covered 319 active participants in 2025, providing health · life · death benefits. Insurance premiums totaled $10,019,860. Insurance brokers and agents were paid $521,154 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $1,634 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 4.5x the $116,283 reported for 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 590756643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.