Paramount Residential Mortgage Groupbenefits

Paramount Residential Mortgage Group's benefits plans covered 1,254 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $5,368,474. Insurance brokers and agents were paid $453,042 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.4% of premiums. That is $361 per covered person, above the median for employer plans that report broker pay. Broker pay fell 21% from $571,079 in 2023.