Maloney + Novotny LLCbenefits

Maloney + Novotny LLC's benefits plans covered 113 active participants in 2024, providing health. Insurance premiums totaled $1,636,905. Insurance brokers and agents were paid $80,429 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.9% of premiums. That is $712 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 16% from $69,594 in 2023.