People Encouraging People, Inc.benefits

People Encouraging People, Inc.'s benefits plans covered 209 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,546,954. Insurance brokers and agents were paid $44,212 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.7% of premiums. That is $212 per covered person, above the median for employer plans that report broker pay. Broker pay fell 75% from $173,759 in 2023.