Acts Retirement - Life Communities, Inc.benefits

Acts Retirement - Life Communities, Inc.'s benefits plans covered 4,712 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $390,259. Insurance brokers and agents were paid $153,673 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.4% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 9.6% from $140,214 in 2023.