Mutual Benefit Groupbenefits

Mutual Benefit Group's benefits plans covered 111 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $14,494. Insurance brokers and agents were paid $41,085 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 283.5% of premiums. That is $370 per covered person, above the median for employer plans that report broker pay. Broker pay fell 26% from $55,724 in 2023.