Marcum LLP Health and Welfare Benefit Plan · MELVILLE, NY · plan year 2023
Broker compensation reported · 2023
$349,028
Marcum LLP's benefits plans covered 3,417 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $801,358. Insurance brokers and agents were paid $349,028 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 43.6% of premiums. That is $102 per covered person, below the median for employer plans that report broker pay.