Professional Hospitality Resources, Inc.benefits

Professional Hospitality Resources, Inc.'s benefits plans covered 622 active participants in 2024, providing health · life · dental · short-term disability · death benefits. Insurance premiums totaled $193,828. Insurance brokers and agents were paid $61,396 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 31.7% of premiums. That is $99 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.1% from $64,035 in 2023.