Lbmc Employment Partners, LLCbenefits

Lbmc Employment Partners, LLC's benefits plans covered 4,131 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $25,748,418. Insurance brokers and agents were paid $3,354,367 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.0% of premiums. That is $812 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 19% from $2,807,124 in 2023.