Arkansas Cardiology, P.A. Welfare Plan · LITTLE ROCK, AR · plan year 2024
Broker compensation reported · 2024
$464,572
Arkansas Cardiology, P.A.'s benefits plans covered 183 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $4,542,050. Insurance brokers and agents were paid $464,572 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.2% of premiums. That is $2,539 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 5.2x the $89,202 reported for 2023.