Lc Industries, Inc.benefits

Lc Industries, Inc.'s benefits plans covered 743 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $235,329. Insurance brokers and agents were paid $216,953 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 92.2% of premiums. That is $292 per covered person, above the median for employer plans that report broker pay. Broker pay fell 1.5% from $220,263 in 2023.