Freed Maxick Cpas, P.C.benefits

Freed Maxick Cpas, P.C.'s benefits plans covered 320 active participants in 2023, providing life · short-term disability · long-term disability · death benefits. Insurance premiums totaled $706,933. Insurance brokers and agents were paid $98,549 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.9% of premiums. That is $308 per covered person, above the median for employer plans that report broker pay.