3P Processing, LLCbenefits

3P Processing, LLC's benefits plans covered 175 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,168,794. Insurance brokers and agents were paid $39,412 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.4% of premiums. That is $225 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.9% from $36,522 in 2023.