Precision Electric Motor Salesbenefits

Precision Electric Motor Sales's benefits plans covered 120 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $988,966. Insurance brokers and agents were paid $74,727 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.6% of premiums. That is $623 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 39% from $53,739 in 2024.