Spring Arbor Management, LLCbenefits

Spring Arbor Management, LLC's benefits plans covered 2,247 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $485,855. Insurance brokers and agents were paid $194,179 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.0% of premiums. That is $86 per covered person, below the median for employer plans that report broker pay. Broker pay rose 131% from $84,198 in 2023.