Connell Foley, LLPbenefits

Connell Foley, LLP's benefits plans covered 249 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance premiums totaled $453,146. Insurance brokers and agents were paid $305,770 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 67.5% of premiums. That is $1,228 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 9.0% from $335,975 in 2023.