The McGregor Companybenefits

The McGregor Company's benefits plans covered 331 active participants in 2024, providing health · dental · vision · life · long-term disability. Insurance premiums totaled $404,478. Insurance brokers and agents were paid $21,227 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $64 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 53% from $45,140 in 2023.