K2 Services, LLCbenefits

K2 Services, LLC's benefits plans covered 409 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $262,052. Insurance brokers and agents were paid $70,521 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.9% of premiums. That is $172 per covered person, below the median for employer plans that report broker pay. Brokers were paid 4.5x the $15,665 reported for 2023.