Avancez, LLCbenefits

Avancez, LLC's benefits plans covered 2,371 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $320,879. Insurance brokers and agents were paid $234,297 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 73.0% of premiums. That is $99 per covered person, below the median for employer plans that report broker pay. Broker pay rose 12% from $208,414 in 2023.