H.F. Lenz Companybenefits

H.F. Lenz Company's benefits plans covered 182 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $28,336. Insurance brokers and agents were paid $26,616 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 93.9% of premiums. That is $146 per covered person, below the median for employer plans that report broker pay. Broker pay rose 14% from $23,320 in 2023.