Signet, LLCbenefits

Signet, LLC's benefits plans covered 547 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $4,934,734. Insurance brokers and agents were paid $1,039,849 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.1% of premiums. That is $1,901 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 4.6x the $227,169 reported for 2023.