Orbcomm LLCbenefits

Orbcomm LLC's benefits plans covered 227 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $331,259. Insurance brokers and agents were paid $351,474 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 106.1% of premiums. That is $1,548 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 4.4% from $367,827 in 2023.