Allen Institutebenefits

Allen Institute's benefits plans covered 931 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,080,479. Insurance brokers and agents were paid $38,722 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.9% of premiums. That is $42 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 44% from $69,021 in 2023.