Tom Malloy Corporationbenefits

Tom Malloy Corporation's benefits plans covered 559 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $320,072. Insurance brokers and agents were paid $206,992 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 64.7% of premiums. That is $370 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.9% from $191,792 in 2023.