Salary AI Book a Demo
Midwest Group Benefits Inc Salary

Midwest Group Benefits Inc Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average annual salary for employees at Midwest Group Benefits Inc in the United States is $83,614. This translates to an approximate hourly wage of $40. Salaries at Midwest Group Benefits Inc typically range from $73,565 to $94,539 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Midwest Group Benefits Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Midwest Group Benefits Inc. Based on our data, the highest paying job is the Chief Operating Officer, with an annual salary of $377,577. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Midwest Group Benefits Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Midwest Group Benefits Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Lawrence D Share Co $92,474
+10.6%
Driven by niche technical certifications required for Lawrence D Share Co's specialized projects.
Iron Oak Insurance Group LLC $88,023
+5.3%
Adjusted for higher cost-of-living indices in Iron Oak Insurance Group LLC's primary metro hubs.
General Insurance Agency $86,599
+3.6%
Influenced by prevailing union wage agreements specific to General Insurance Agency's sector.
Le Mars Insurance Co $77,137
-7.7%
Typical compensation structure for smaller regional agencies like Le Mars Insurance Co.
Insurance Industry $123,858
+48.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Midwest Group Benefits Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Midwest Group Benefits Inc. Click a company name to learn more.

Employee Reviews: Working at Midwest Group Benefits Inc

Considering a career at Midwest Group Benefits Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Communication from upper management is consistent, though not always detailed. The company also hosts regular team-building events, fostering camaraderie. The benefits package is robust, including retirement plans and health incentives. The work culture is inclusive, and everyone’s contributions are valued. Leadership is transparent, and the team is collaborative.
Commented in May 14, 2025
21
0
The hybrid policy allows for flexibility, and management trusts employees to manage their time effectively. Training is provided, though it could be more tailored to individual roles. The insurance products are top-tier, and working with knowledgeable colleagues enhances the experience. The workload is manageable, with occasional busy periods. The company stays ahead of industry trends, providing ...
Commented in October 14, 2024
43
3
I’d recommend this workplace to anyone in the insurance sector. The leadership team is approachable and genuinely cares about employee growth. Compensation is fair, and the benefits package is attractive. I’d recommend this workplace to others. Management is competent, though not overly innovative.
Commented in March 09, 2024
26
1

Midwest Group Benefits Inc Overview

Website
www.midwestbenefits.com
Founded In
1984
Employees
<25 employees
Industry
Insurance
Headquarter Address
2316 Sweet Parkway Rd Decorah Iowa IA 52101
Revenue
$5 Million - $10 Million
Phone Number
+1 5633829611
Social Media
About Midwest Group Benefits Inc
Midwest Group Benefits is a full-service employee benefits organization that specializes in helping companies select, develop and maintain a group benefits plan. Midwest Group Benefits provides administrative services, including claims processing, eligibility, implementation, day-to-day service, reporting and compliance in the most professional and cost-effective way possible for your organization

What Benefits Does Midwest Group Benefits Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Midwest Group Benefits Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Midwest Group Benefits Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Waterloo?

Understanding the cost of living near Waterloo is key to truly evaluating a salary offer or your current compensation at Midwest Group Benefits Inc.
Waterloo's Cost of Living Index is approximately 73.8 (26.2% less expensive than US average; 17.9% less than IA average). With Cedar Falls (Black Hawk Co.), very affordable. MET Transit. When planning your budget based on a salary from Midwest Group Benefits Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $600 - $950+ A significant portion of Midwest Group Benefits Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (MET Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $330 - $490 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $320 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,680 - $2,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Midwest Group Benefits Inc

1. What is the typical salary range (low to high) for most roles at Midwest Group Benefits Inc?

The typical annual salary range for most roles at Midwest Group Benefits Inc is approximately from $73,565 to $94,539. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Midwest Group Benefits Inc pay compared to Lawrence D Share Co?

The average annual salary at Midwest Group Benefits Inc is $83,614, or an hourly wage of $40, in comparison to Lawrence D Share Co which pays $92,474 per year or $44 per hour.

3. Do salaries differ significantly between departments at Midwest Group Benefits Inc?

Yes, salaries often differ between departments at Midwest Group Benefits Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Midwest Group Benefits Inc?

Experience level is a significant factor in determining salary at Midwest Group Benefits Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Midwest Group Benefits Inc in Waterloo is fair given the local cost of living?

To determine if a salary offer from Midwest Group Benefits Inc in Waterloo is fair, first compare the gross salary to our data for similar roles at Midwest Group Benefits Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Waterloo" to understand its purchasing power.

6. Are the salaries listed for Midwest Group Benefits Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Midwest Group Benefits Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning