Novak Francella LLCbenefits

Novak Francella LLC's benefits plans covered 140 active participants in 2024, providing health. Insurance premiums totaled $1,112,987. Insurance brokers and agents were paid $58,866 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.3% of premiums. That is $420 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.9x the $9,944 reported for 2023.