Equity Residentialbenefits

Equity Residential's benefits plans covered 2,508 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $246,747. Insurance brokers and agents were paid $286,301 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 116.0% of premiums. That is $114 per covered person, below the median for employer plans that report broker pay. Broker pay rose 72% from $166,481 in 2023.