New Gen Admin Services LLCbenefits

New Gen Admin Services LLC's benefits plans covered 231 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $6,460,489. Insurance brokers and agents were paid $55,636 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.9% of premiums. That is $241 per covered person, above the median for employer plans that report broker pay. Broker pay rose 73% from $32,247 in 2023.