Convergint Technologiesbenefits

Convergint Technologies's benefits plans covered 5,444 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $527,468. Insurance brokers and agents were paid $382,956 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 72.6% of premiums. That is $70 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 50% from $761,264 in 2023.