L & R Distributors, Inc.benefits

L & R Distributors, Inc.'s benefits plans covered 317 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,298,314. Insurance brokers and agents were paid $52,913 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.6% of premiums. That is $167 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $47,828 in 2023.