Platinum Equity, LLCbenefits

Platinum Equity, LLC's benefits plans covered 455 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $5,461,685. Insurance brokers and agents were paid $241,482 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $531 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 27% from $189,663 in 2023.