Motor Technology, Inc.benefits

Motor Technology, Inc.'s benefits plans covered 83 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $11,651. Insurance brokers and agents were paid $24,097 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 206.8% of premiums. That is $290 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.9% from $22,968 in 2024.