Longbridge Financial LLCbenefits

Longbridge Financial LLC's benefits plans covered 458 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $1,077,104. Insurance brokers and agents were paid $262,947 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.4% of premiums. That is $574 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 21% from $217,639 in 2023.