Lipsey's, L.L.C.benefits

Lipsey's, L.L.C.'s benefits plans covered 133 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,879,856. Insurance brokers and agents were paid $127,595 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $959 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 19% from $107,021 in 2024.