Raymond James Financial, Inc.benefits

Raymond James Financial, Inc.'s benefits plans covered 15,889 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $101,514. Insurance brokers and agents were paid $1,316,850 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1297.2% of premiums. That is $83 per covered person, below the median for employer plans that report broker pay. Broker pay fell 0.5% from $1,323,698 in 2023.