Progressive Machine & Design, LLCbenefits

Progressive Machine & Design, LLC's benefits plans covered 170 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $104,702. Insurance brokers and agents were paid $41,792 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.9% of premiums. That is $246 per covered person, above the median for employer plans that report broker pay. Broker pay fell 52% from $86,879 in 2023.