Action Water Sports, LLCbenefits

Action Water Sports, LLC's benefits plans covered 118 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $728,177. Insurance brokers and agents were paid $48,870 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $414 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.8x the $12,878 reported for 2023.