Testequity LLCbenefits

Testequity LLC's benefits plans covered 936 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $411,096. Insurance brokers and agents were paid $198,830 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 48.4% of premiums. That is $212 per covered person, above the median for employer plans that report broker pay. Broker pay fell 16% from $237,359 in 2023.