Industrial Lighting Products, LLCbenefits

Industrial Lighting Products, LLC's benefits plans covered 165 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $959,886. Insurance brokers and agents were paid $44,120 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $267 per covered person, above the median for employer plans that report broker pay. Brokers were paid 8.4x the $5,263 reported for 2023.