Spendmend, LLCbenefits

Spendmend, LLC's benefits plans covered 394 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,905,627. Insurance brokers and agents were paid $182,199 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $462 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 48% from $123,287 in 2024.