Convergeone Holdings, Inc.benefits

Convergeone Holdings, Inc.'s benefits plans covered 2,007 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,097,417. Insurance brokers and agents were paid $299,474 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.3% of premiums. That is $149 per covered person, below the median for employer plans that report broker pay. Broker pay fell 6.0% from $318,688 in 2023.