Factor Systems, LLC (a Wholly Owned Subsidiary of Btrs Holdings, Inc.)benefits

Factor Systems, LLC (a Wholly Owned Subsidiary of Btrs Holdings, Inc.)'s benefits plans covered 570 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $228,283 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $400 per covered person, above the median for employer plans that report broker pay. Broker pay rose 94% from $117,485 in 2023.