Herrick, Feinstein LLPbenefits

Herrick, Feinstein LLP's benefits plans covered 215 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $155,086. Insurance brokers and agents were paid $173,634 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 112.0% of premiums. That is $808 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 9.0% from $190,706 in 2023.