Somerset Capital Group, LTDbenefits

Somerset Capital Group, LTD's benefits plans covered 133 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,239,402. Insurance brokers and agents were paid $152,109 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.3% of premiums. That is $1,144 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 65% from $91,999 in 2023.