W.B. Mason Company Inc.benefits

W.B. Mason Company Inc.'s benefits plans covered 2,604 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $163,961. Insurance brokers and agents were paid $88,412 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 53.9% of premiums. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 62% from $54,677 in 2023.