Wyoming Machinery Companybenefits

Wyoming Machinery Company's benefits plans covered 649 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $663,860. Insurance brokers and agents were paid $426,152 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 64.2% of premiums. That is $657 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 145% from $173,921 in 2023.