Guaranteed Rate, Inc.benefits

Guaranteed Rate, Inc.'s benefits plans covered 5,492 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $46,407,025. Insurance brokers and agents were paid $1,003,839 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.2% of premiums. That is $183 per covered person, below the median for employer plans that report broker pay. Broker pay fell 21% from $1,269,978 in 2023.