Msc Industrial Direct Co., Inc.benefits

Msc Industrial Direct Co., Inc.'s benefits plans covered 6,527 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $31,291. Insurance brokers and agents were paid $572,677 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1830.2% of premiums. That is $88 per covered person, below the median for employer plans that report broker pay. Broker pay rose 154% from $225,673 in 2023.