Northrock Partners, LLCbenefits

Northrock Partners, LLC's benefits plans covered 159 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $130,896. Insurance brokers and agents were paid $71,054 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 54.3% of premiums. That is $447 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 7.2x the $9,823 reported for 2023.