Planet Financial Group, LLCbenefits

Planet Financial Group, LLC's benefits plans covered 1,051 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $9,202,265. Insurance brokers and agents were paid $109,296 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.2% of premiums. That is $104 per covered person, below the median for employer plans that report broker pay. Broker pay fell 19% from $135,116 in 2023.