SEV1TECH, LLCbenefits

SEV1TECH, LLC's benefits plans covered 937 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $351,823. Insurance brokers and agents were paid $209,897 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.7% of premiums. That is $224 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.5% from $193,475 in 2023.