Bakerly, LLCbenefits

Bakerly, LLC's benefits plans covered 296 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other · death benefits. Insurance premiums totaled $25,414. Insurance brokers and agents were paid $49,983 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 196.7% of premiums. That is $169 per covered person, below the median for employer plans that report broker pay. Broker pay fell 55% from $110,434 in 2023.