Phase Three Star, LLCbenefits

Phase Three Star, LLC's benefits plans covered 312 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,410,471. Insurance brokers and agents were paid $107,059 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.6% of premiums. That is $343 per covered person, above the median for employer plans that report broker pay. Brokers were paid 4.3x the $24,786 reported for 2023.