Seneca Holdings, LLCbenefits

Seneca Holdings, LLC's benefits plans covered 993 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $523,885. Insurance brokers and agents were paid $508,454 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 97.1% of premiums. That is $512 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 48% from $344,157 in 2023.