The Ideal Group Incbenefits

The Ideal Group Inc's benefits plans covered 393 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $4,061,298. Insurance brokers and agents were paid $174,058 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $443 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 4.8% from $182,750 in 2023.