Covenant Village, Inc.benefits

Covenant Village, Inc.'s benefits plans covered 164 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $62,489. Insurance brokers and agents were paid $409,140 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 654.7% of premiums. That is $2,495 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 5.1x the $79,873 reported for 2023.