Avantech LLCbenefits

Avantech LLC's benefits plans covered 192 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,034,678. Insurance brokers and agents were paid $56,040 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.8% of premiums. That is $292 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.1% from $59,077 in 2023.