Leggett & Platt, Incorporatedbenefits

Leggett & Platt, Incorporated's benefits plans covered 15,926 active participants in 2024, providing death benefits. Insurance premiums totaled $571,849. Insurance brokers and agents were paid $866,177 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 151.5% of premiums. That is $54 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 12% from $771,884 in 2023.