Sullivan & Worcester LLPbenefits

Sullivan & Worcester LLP's benefits plans covered 256 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,323,523. Insurance brokers and agents were paid $132,286 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $517 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 5.2% from $125,743 in 2023.