The Magni Group, Inc.benefits

The Magni Group, Inc.'s benefits plans covered 327 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,838,421. Insurance brokers and agents were paid $54,829 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.4% of premiums. That is $168 per covered person, below the median for employer plans that report broker pay. Broker pay fell 59% from $135,073 in 2023.