Monroe Energy, LLCbenefits

Monroe Energy, LLC's benefits plans covered 535 active participants in 2024, providing life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $9,414,547. Insurance brokers and agents were paid $125,075 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.3% of premiums. That is $234 per covered person, above the median for employer plans that report broker pay. Broker pay rose 17% from $106,625 in 2023.