Esplanade Equity, LLCbenefits

Esplanade Equity, LLC's benefits plans covered 361 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $634,787. Insurance brokers and agents were paid $61,258 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.7% of premiums. That is $170 per covered person, below the median for employer plans that report broker pay. Broker pay fell 45% from $110,584 in 2023.