Collum's Administration and Maintenance LLCbenefits

Collum's Administration and Maintenance LLC's benefits plans covered 116 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $151,898. Insurance brokers and agents were paid $62,333 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.0% of premiums. That is $537 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 45% from $114,266 in 2023.