Grote Enterprises LLCbenefits

Grote Enterprises LLC's benefits plans covered 245 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $86,660. Insurance brokers and agents were paid $80,145 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 92.5% of premiums. That is $327 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.3% from $85,568 in 2023.