Riverence Holdings LLCbenefits

Riverence Holdings LLC's benefits plans covered 299 active participants in 2024, providing life · dental · vision · long-term disability. Insurance premiums totaled $94,494. Insurance brokers and agents were paid $68,215 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 72.2% of premiums. That is $228 per covered person, above the median for employer plans that report broker pay. Broker pay fell 31% from $98,444 in 2023.