Specialty Equipment Market Associationbenefits

Specialty Equipment Market Association's benefits plans covered 158 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $144,017 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $912 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 8.5% from $132,770 in 2023.