Providence Enterprises, LLCbenefits

Providence Enterprises, LLC's benefits plans covered 222 active participants in 2024, providing life · long-term disability · death benefits. Insurance premiums totaled $74,901. Insurance brokers and agents were paid $12,897 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.2% of premiums. That is $58 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 19% from $10,802 in 2023.