Walters & Mason Retail Inc.benefits

Walters & Mason Retail Inc.'s benefits plans covered 661 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $311,844. Insurance brokers and agents were paid $60,229 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.3% of premiums. That is $91 per covered person, below the median for employer plans that report broker pay. Broker pay fell 63% from $163,406 in 2023.