George F. Young of Florida, Inc.benefits

George F. Young of Florida, Inc.'s benefits plans covered 120 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $893,194. Insurance brokers and agents were paid $55,029 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.2% of premiums. That is $459 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 1.3% from $55,745 in 2023.