The Colony Group, LLCbenefits

The Colony Group, LLC's benefits plans covered 522 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $5,669,258. Insurance brokers and agents were paid $196,894 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.5% of premiums. That is $377 per covered person, above the median for employer plans that report broker pay. Broker pay rose 41% from $139,253 in 2023.