Institutional Cash Distributorsbenefits

Institutional Cash Distributors's benefits plans covered 110 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $145,062. Insurance brokers and agents were paid $25,214 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.4% of premiums. That is $229 per covered person, above the median for employer plans that report broker pay. Broker pay rose 12% from $22,417 in 2023.