Motorambar, Inc.benefits

Motorambar, Inc.'s benefits plans covered 214 active participants in 2024, providing health · life · dental · other. Insurance premiums totaled $1,068,678. Insurance brokers and agents were paid $74,879 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $350 per covered person, above the median for employer plans that report broker pay. Broker pay rose 29% from $58,058 in 2023.