Hoffman & Hoffman, Inc.benefits

Hoffman & Hoffman, Inc.'s benefits plans covered 1,037 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $429. Insurance brokers and agents were paid $220,538 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 51407.5% of premiums. That is $213 per covered person, above the median for employer plans that report broker pay. Broker pay rose 42% from $155,505 in 2023.