Peconic Landingbenefits

Peconic Landing's benefits plans covered 170 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance premiums totaled $162,360. Insurance brokers and agents were paid $693,309 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 427.0% of premiums. That is $4,078 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 32.7x the $21,198 reported for 2023.