Lawrence Automotive, Inc.benefits

Lawrence Automotive, Inc.'s benefits plans covered 187 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $994,850. Insurance brokers and agents were paid $69,986 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $374 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.9% from $68,005 in 2023.