Walt Massey Automotive Groupbenefits

Walt Massey Automotive Group's benefits plans covered 135 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,081,196. Insurance brokers and agents were paid $40,350 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.7% of premiums. That is $299 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.3x the $7,555 reported for 2023.