Shumaker Loop Kendrick, LLPbenefits

Shumaker Loop Kendrick, LLP's benefits plans covered 820 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $6,301,061. Insurance brokers and agents were paid $124,000 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.0% of premiums. That is $151 per covered person, below the median for employer plans that report broker pay. Broker pay fell 27% from $169,490 in 2023.