Normandeau Associates, Inc.benefits

Normandeau Associates, Inc.'s benefits plans covered 116 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $828,087. Insurance brokers and agents were paid $73,460 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.9% of premiums. That is $633 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 9.3% from $67,233 in 2023.