Beacon Residential Management Limited Partnershipbenefits

Beacon Residential Management Limited Partnership's benefits plans covered 717 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $6,520,335. Insurance brokers and agents were paid $315,749 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.8% of premiums. That is $440 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 1.3% from $311,741 in 2023.