ADP Totalsource, Inc. Health and Welfare Plan · MIAMI, FL · plan year 2024
Broker compensation reported · 2024
$19,233,825
ADP Totalsource, Inc.'s benefits plans covered 530,781 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $458,240,427. Insurance brokers and agents were paid $19,233,825 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $36 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 5.7% from $18,203,325 in 2023.