Motors Management, Inc.benefits

Motors Management, Inc.'s benefits plan covered 334 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $103,541. Insurance brokers and agents were paid $8,034 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.8% of premiums. That is $24 per covered person, in the bottom quarter of employer plans that report broker pay.