Hersha Hospitality Management, LPbenefits

Hersha Hospitality Management, LP's benefits plans covered 10,414 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $302,322 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $29 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 5.2x the $58,114 reported for 2023.