Lockwood Hills Federal, LLCbenefits

Lockwood Hills Federal, LLC's benefits plans covered 534 active participants in 2024, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $180,769. Insurance brokers and agents were paid $1,074 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $2 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 9.1% from $1,182 in 2023.