Apps Associates, LLCbenefits

Apps Associates, LLC's benefits plans covered 300 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,766,972. Insurance brokers and agents were paid $166,746 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.5% of premiums. That is $556 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 27% from $228,366 in 2023.