Krause Auto Group, LLCbenefits

Krause Auto Group, LLC's benefits plans covered 892 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $775,376. Insurance brokers and agents were paid $605,895 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 78.1% of premiums. That is $679 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 52% from $399,363 in 2023.