Gradco, LLC D/B/A Gradientbenefits

Gradco, LLC D/B/A Gradient's benefits plans covered 132 active participants in 2024, providing long-term disability. Insurance premiums totaled $640,827. Insurance brokers and agents were paid $46,808 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.3% of premiums. That is $355 per covered person, above the median for employer plans that report broker pay. Broker pay fell 60% from $118,017 in 2023.