J. H. Fletcher & Co.benefits

J. H. Fletcher & Co.'s benefits plans covered 323 active participants in 2024, providing life · long-term disability. Insurance premiums totaled $398,860. Insurance brokers and agents were paid $111,590 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 28.0% of premiums. That is $345 per covered person, above the median for employer plans that report broker pay. Broker pay rose 174% from $40,711 in 2023.