Memphis Basketball LLCbenefits

Memphis Basketball LLC's benefits plans covered 361 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,406,698. Insurance brokers and agents were paid $176,956 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $490 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 17% from $151,091 in 2023.