Avepoint Public Sector Inc.benefits

Avepoint Public Sector Inc.'s benefits plans covered 345 active participants in 2024, providing health · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $231,984. Insurance brokers and agents were paid $144,983 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.5% of premiums. That is $420 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.1% from $135,417 in 2023.