Sheppard, Mullin, Richter & Hampton, LLPbenefits

Sheppard, Mullin, Richter & Hampton, LLP's benefits plans covered 1,868 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,400,862. Insurance brokers and agents were paid $500,088 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.8% of premiums. That is $268 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.8% from $514,346 in 2023.