Ifo Group, LLCbenefits

Ifo Group, LLC's benefits plans covered 19 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,411,288. Insurance brokers and agents were paid $289,166 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.5% of premiums. That is $15,219 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 6.6% from $309,520 in 2023.