Msp Industries, LLC.benefits

Msp Industries, LLC.'s benefits plans covered 118 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,169,716. Insurance brokers and agents were paid $73,751 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $625 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 86% from $39,607 in 2023.