Connectpay LLCbenefits

Connectpay LLC's benefits plans covered 188 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,980,115. Insurance brokers and agents were paid $97,550 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.9% of premiums. That is $519 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 2.6% from $95,116 in 2023.