Sequoia Benefits and Insurance Services, LLCbenefits

Sequoia Benefits and Insurance Services, LLC's benefits plans covered 799 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $7,499,025. Insurance brokers and agents were paid $27,313 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.4% of premiums. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 7.7x the $3,561 reported for 2023.