Empire Merchants, LLCbenefits

Empire Merchants, LLC's benefits plans covered 357 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $439,642. Insurance brokers and agents were paid $133,101 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.3% of premiums. That is $373 per covered person, above the median for employer plans that report broker pay. Broker pay fell 7.4% from $143,759 in 2023.