The Mill Steel Co.benefits

The Mill Steel Co.'s benefits plans covered 412 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $225,095. Insurance brokers and agents were paid $21,947 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.8% of premiums. That is $53 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 35% from $33,528 in 2024.