Hill & Ponton, P.A.benefits

Hill & Ponton, P.A.'s benefits plans covered 105 active participants in 2024, providing life. Insurance premiums totaled $27,281. Insurance brokers and agents were paid $5,027 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.4% of premiums. That is $48 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 4.2x the $1,207 reported for 2023.