Mel Stevenson & Associates, Inc.benefits

Mel Stevenson & Associates, Inc.'s benefits plans covered 691 active participants in 2024, providing health · life · dental · vision · other · death benefits. Insurance premiums totaled $554,379. Insurance brokers and agents were paid $70,037 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.6% of premiums. That is $101 per covered person, below the median for employer plans that report broker pay. Broker pay rose 10% from $63,443 in 2023.