Ilab, LLCbenefits

Ilab, LLC's benefits plans covered 167 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $146,629. Insurance brokers and agents were paid $36,036 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.6% of premiums. That is $216 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.3% from $36,900 in 2023.