Lover's Lane & Co.benefits

Lover's Lane & Co.'s benefits plans covered 121 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $605,571. Insurance brokers and agents were paid $17,541 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $145 per covered person, below the median for employer plans that report broker pay. Broker pay fell 61% from $44,714 in 2023.