Patrick Motors Group, LLCbenefits

Patrick Motors Group, LLC's benefits plans covered 126 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $1,631,487. Insurance brokers and agents were paid $56,611 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.5% of premiums. That is $449 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 1.8% from $55,620 in 2023.