New Team LLCbenefits

New Team LLC's benefits plans covered 407 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,838,709. Insurance brokers and agents were paid $137,145 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.8% of premiums. That is $337 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.5% from $143,546 in 2023.