Savoy Associates Health and Welfare Benefit Plan · BERKELEY HEIGHTS, NJ · plan year 2024
Broker compensation reported · 2024
$80,979
Savoy Associates's benefits plans covered 122 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $80,979 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $664 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 66% from $235,092 in 2023.