Multiquip Incbenefits

Multiquip Inc's benefits plans covered 895 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $508,446. Insurance brokers and agents were paid $518,924 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 102.1% of premiums. That is $580 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 29% from $403,757 in 2023.