Lone Star Beef Processors, LPbenefits

Lone Star Beef Processors, LP's benefits plans covered 593 active participants in 2024, providing health · life · death benefits. Insurance premiums totaled $2,182,586. Insurance brokers and agents were paid $137,548 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $232 per covered person, above the median for employer plans that report broker pay. Broker pay fell 16% from $164,395 in 2023.