Service Management Group, LLCbenefits

Service Management Group, LLC's benefits plans covered 136 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $1,576,121. Insurance brokers and agents were paid $54,689 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.5% of premiums. That is $402 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.8% from $58,035 in 2023.