Board of Trustees, California Asso of Professional Employees Benefitbenefits

Board of Trustees, California Asso of Professional Employees Benefit's benefits plans covered 17,406 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $1,264,260. Insurance brokers and agents were paid $844,638 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 66.8% of premiums. That is $49 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 15% from $732,514 in 2023.