Lpi, Inc.benefits

Lpi, Inc.'s benefits plans covered 334 active participants in 2024, providing health · dental · vision · short-term disability · other. Insurance premiums totaled $1,402,161. Insurance brokers and agents were paid $57,020 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $171 per covered person, below the median for employer plans that report broker pay. Broker pay fell 43% from $99,576 in 2023.