Alcott HR Group, LLCbenefits

Alcott HR Group, LLC's benefits plans covered 7,358 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $14,192,136. Insurance brokers and agents were paid $1,013,435 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $138 per covered person, below the median for employer plans that report broker pay. Broker pay rose 4.1% from $973,840 in 2023.