Mangan Holcomb Rainwater Culpepper Inc. dba Mangan Holcomb Partnersbenefits

Mangan Holcomb Rainwater Culpepper Inc. dba Mangan Holcomb Partners's benefits plans covered 105 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,071,320. Insurance brokers and agents were paid $89,214 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.3% of premiums. That is $850 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 40% from $147,479 in 2023.