Financial Independence Group, LLCbenefits

Financial Independence Group, LLC's benefits plans covered 224 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $128,659. Insurance brokers and agents were paid $31,494 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.5% of premiums. That is $141 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.0% from $28,884 in 2023.