Lokey Automotive Groupbenefits

Lokey Automotive Group's benefits plans covered 353 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,627,474. Insurance brokers and agents were paid $103,786 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $294 per covered person, above the median for employer plans that report broker pay. Broker pay fell 15% from $121,425 in 2023.