Saks Off 5TH LLCbenefits

Saks Off 5TH LLC's benefits plans covered 718 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $46,218. Insurance brokers and agents were paid $21,447 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 46.4% of premiums. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 75% from $86,725 in 2023.