Independence Energy Management LLCbenefits

Independence Energy Management LLC's benefits plans covered 934 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $687,492. Insurance brokers and agents were paid $530,904 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 77.2% of premiums. That is $568 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 46% from $364,779 in 2023.