The Merit Distribution Group, LLCbenefits

The Merit Distribution Group, LLC's benefits plans covered 303 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $6,309,372. Insurance brokers and agents were paid $189,745 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $626 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 12% from $215,282 in 2023.