Mutual Industriesbenefits

Mutual Industries's benefits plans covered 99 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $1,021,447. Insurance brokers and agents were paid $71,113 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $718 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 27% from $55,814 in 2023.