L + M Development Partners, Inc.benefits

L + M Development Partners, Inc.'s benefits plans covered 546 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $308,236. Insurance brokers and agents were paid $18,242 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 4.2x the $4,355 reported for 2024.