Lakeland Management Services, Inc.benefits

Lakeland Management Services, Inc.'s benefits plans covered 194 active participants in 2024, providing life · dental · short-term disability · long-term disability · death benefits. Insurance premiums totaled $108,458. Insurance brokers and agents were paid $35,571 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 32.8% of premiums. That is $183 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.6% from $36,152 in 2023.