Professional Services Group, Inc.benefits

Professional Services Group, Inc.'s benefits plans covered 460 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $164,454. Insurance brokers and agents were paid $22,860 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.9% of premiums. That is $50 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 16% from $19,646 in 2023.