Motor Mangement, Inc.benefits

Motor Mangement, Inc.'s benefits plan covered 333 active participants in 2023, providing health · life · dental · vision · death benefits. Insurance premiums totaled $113,849. Insurance brokers and agents were paid $8,543 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.5% of premiums. That is $26 per covered person, in the bottom quarter of employer plans that report broker pay.