L.V. Management, Inc.benefits

L.V. Management, Inc.'s benefits plans covered 104 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $762,837. Insurance brokers and agents were paid $67,602 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.9% of premiums. That is $650 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 21% from $56,080 in 2023.