Mycronic, Inc.benefits
Mycronic, Inc. Group Benefits Plan · TEWKSBURY, MA · plan year 2025
Mycronic, Inc.'s benefits plans covered 153 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,066,904. Insurance brokers and agents were paid $82,250 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.7% of premiums. That is $538 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 7.0% from $76,853 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 043219080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.