Ratio States, LLCbenefits

Ratio States, LLC's benefits plans covered 189 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $289,601. Insurance brokers and agents were paid $133,743 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 46.2% of premiums. That is $708 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 91% from $70,070 in 2023.