McKool Smith, P.C.benefits

McKool Smith, P.C.'s benefits plans covered 223 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $5,007,688. Insurance brokers and agents were paid $208,884 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $937 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 7.9% from $193,672 in 2023.