Iconectiv, LLCbenefits

Iconectiv, LLC's benefits plans covered 400 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other · vision. Insurance premiums totaled $1,406,561. Insurance brokers and agents were paid $158,170 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.2% of premiums. That is $395 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.