Professional Office Services Inc Employee Benefit Planbenefits

Professional Office Services Inc Employee Benefit Plan's benefits plans covered 230 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · vision. Insurance premiums totaled $2,058,090. Insurance brokers and agents were paid $38,012 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.8% of premiums. That is $165 per covered person, below the median for employer plans that report broker pay. Broker pay fell 22% from $48,963 in 2023.