The Kennedy Collectivebenefits

The Kennedy Collective's benefits plans covered 267 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $1,339,965. Insurance brokers and agents were paid $135,284 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.1% of premiums. That is $507 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 5.0% from $142,453 in 2023.