Ratio States, LLCbenefits

Ratio States, LLC's benefits plan covered 200 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $136,010. Insurance brokers and agents were paid $70,070 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 51.5% of premiums. That is $350 per covered person, above the median for employer plans that report broker pay.