Federal Broach Holdings, LLCbenefits

Federal Broach Holdings, LLC's benefits plans covered 95 active participants in 2024, providing life · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $558,886. Insurance brokers and agents were paid $74,590 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.3% of premiums. That is $785 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 3.0% from $76,930 in 2023.