Lr Management Services Corporationbenefits

Lr Management Services Corporation's benefits plans covered 189 active participants in 2024, providing health · life · short-term disability · long-term disability · other. Insurance premiums totaled $1,227,181. Insurance brokers and agents were paid $36,210 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $192 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.2% from $33,455 in 2023.