Julius Silvert, Inc.benefits

Julius Silvert, Inc.'s benefits plans covered 144 active participants in 2024, providing health · life · vision · long-term disability · other. Insurance premiums totaled $1,055,325. Insurance brokers and agents were paid $54,351 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $377 per covered person, above the median for employer plans that report broker pay. Brokers were paid 8.1x the $6,710 reported for 2023.