American Lutheran Homes, Inc.benefits

American Lutheran Homes, Inc.'s benefits plans covered 425 active participants in 2024, providing life. Insurance premiums totaled $241,001. Insurance brokers and agents were paid $53,076 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.0% of premiums. That is $125 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $60,816 in 2023.