Avocet Hospitality Group, Inc.benefits

Avocet Hospitality Group, Inc.'s benefits plans covered 244 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $3,688,611. Insurance brokers and agents were paid $325,249 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.8% of premiums. That is $1,333 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 4.6x the $71,237 reported for 2023.