Teancum, LLCbenefits

Teancum, LLC's benefits plans covered 566 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $315,796. Insurance brokers and agents were paid $70,030 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.2% of premiums. That is $124 per covered person, below the median for employer plans that report broker pay. Broker pay fell 43% from $123,566 in 2023.